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Barchart
Barchart
Rich Asplund

Nat-Gas Prices Rebound Ahead of April Contract Expiration

April Nymex natural gas (NGJ25) on Thursday closed up +0.089 (+2.31%).

April nat-gas prices Thursday recovered from a 5-week low and settled higher.  Short covering emerged in nat-gas futures ahead of Thursday's expiration of the April nat-gas futures contract.  Nat-gas prices Thursday initially fell to a 5-week low after weekly EIA nat-ga inventories rose +37 bcf, above expectations of +33 bcf.  

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