NG Futures Price Whipsaws Back Above $2.90 on Cooler Forecasts

Natural Gas Futures Whipsaw Back Above $2.90 After Early Slide

Natural gas futures made a sharp reversal on Friday, erasing an early slide driven by cooler late-September forecasts as LNG feedgas rebounded on Cameron LNG's return.

The price of natural gas traded as low as $2.846, but recovered to be above the $2.90 mark.

Cameron LNG's return had a positive impact on feedgas volumes, which are nearing pre-outage levels.