Storms, Pipeline Outage Weigh on Natural Gas Futures
Natural gas futures experienced a decline on Monday as traders reacted to the aftermath of storms and the resolution of a major pipeline outage.
The market was also influenced by evolving demand drivers and the impending front-month contract rollover.
A storm had caused disruptions in natural gas production, leading to lower output. The TCO force majeure, which had been ongoing, came to an end as well.