Plump Supply Weighs Heavily on Natural Gas Futures
Natural gas futures erased their Monday gains as a plump supply dictates sentiment in the market.
According to NGI, the supply of natural gas has been steady and has not shown any signs of decreasing, leading to a surplus that is putting pressure on prices.
The Entropic Analytics Product Suite's pipeline flow data shows that the supply of natural gas has been consistent over the past few weeks, with no significant changes in production levels or demand.