The Conversation (0)
Reuters reported that natural gas futures fell on Friday and are on track to post a weekly loss.
Reuters reported that natural gas futures fell on Friday and are on track to post a weekly loss.
As quoted in the market report:
The short-term technicals have definitely turned bearish, and the market may be vulnerable for a sharp decline as bullish (speculative) traders take profits, but we’re still in a long-term bullish trend,” said Chris Kostas, senior analyst at Energy Security Analysis Inc.