$3 Beckons for Natural Gas Amid Tightening Balances
Natural gas futures held steady on Tuesday as lower production and lingering late-season cooling demand tightened near-term balances.
The market's reluctance to fully embrace a broader bullish shift was underscored by fading gains and weakness further along the curve.
Lower production has put pressure on supply, while global LNG risks are mounting due to winter contracts lagging behind October prices.