Natural Gas Futures Hold Steady After Storage Data Meets Expectations
Natural gas futures remained rangebound on Thursday after the latest weekly government storage data aligned with consensus expectations.
The November New York Mercantile Exchange (NYMEX) futures trading price was $2.978 as of 12:02 p.m. ET, down 4.8 cents from earlier in the day.
This move is consistent with market analysts' predictions and reflects the current stability in natural gas prices following a recent storage print.