US Gas: Futures Hold Onto Losses After Modest Inventory Drop
The Wall Street Journal
Natural gas futures held onto their losses after a government report showed a smaller-than-expected decline in inventories last week, as mild temperatures continue to keep a lid on gas-fired heating demand. Once again, the bigger picture is: Supply is as strong as an ox and demand is somewhat stymied," said Matt Smith, analyst at Summit Energy in Louisville, Ky.
