Natural Gas Prices Falter Amid Milder Weather Forecast
Natural gas prices struggled to gain traction at midday Wednesday as traders weighed the impact of solid near-term demand against forecasts for milder fall weather and a robust supply.
The New York Mercantile Exchange (NYMEX) natural gas futures were down 5.6 cents to $2.860/MMBtu around 11:45 a.m. ET, with Henry Hub spot prices also under pressure.
However, Waha rebounded in the intraday market.