Gas Futures Attempt to Build on Gains Amid Soaring Production
Natural gas futures are attempting to build on gains after yesterday's bullish storage data and impressive heat forecast for the next two weeks.
The market is assessing these factors, with prompt month natural gas futures trading modestly higher in early Friday trading.
Traders are digesting a lean storage print, which is expected to be 'near normal' considering current production levels. However, soaring production may cap upside potential for the market.