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Tight Supply Makes Natural Gas Best-Performing Commodity
The Financial Post reported that natural gas is the best-performing commodity globally, marking a rise to date this year of 32 percent, which many analysts attribute to a tight supply.
The Financial Post reported that natural gas is the best-performing commodity globally, marking a rise to date this year of 32 percent, which many analysts attribute to a tight supply.
As quoted in the market report:
Even in the midst of a broad based sell-off across the commodity complex, gas prices have continued to rally. We believe fundamentals have tightened not only on account of late seasonal cold in the U.S., but also from supply restraint.
To view the whole Financial Post report, click here.
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MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 2344.53 | +0.88 | |
Silver | 27.94 | +0.01 | |
Copper | 4.32 | +0.06 | |
Oil | 85.45 | -0.14 | |
Heating Oil | 2.68 | +0.02 | |
Natural Gas | 1.77 | +0.01 |
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