December natural gas prices grinded higher during the initial morning hours and ahead of this morning's EIA storage report. Expectations for this morning's EIA storage report are for an injection in the range of 68 bcf. The near term demand side of the natural gas market remains under pressure, with an estimated 5.8 million without power in the Northeast. However, an elevated amount of offline US nuclear capacity could be offering a modest boost in natural gas demand.

View All Market Commentary

*Disclaimer: The information in the Market Commentaries was obtained from sources believed to be reliable, but we do not guarantee its accuracy. Neither the information nor any opinion expressed therein constitutes a solicitation of the purchase or sale of any futures or options contracts.


Copyright CME Group All rights reserved.