Short-Term Natural Gas Squeeze or the Start of a Larger Trend?

Natural gas has experienced some bearish pressure since the price spike in January, following the Arctic Blast event that impacted the majority of the United States. However, overnight, it caught a bid after Chesapeake Energy slashed its full-year capex guidance and provided commentary on reducing well count, which may put pressure on supply. Carley Garner highlights key fundamental and technical factors impacting the natural gas market.

Futures

21 Feb 2024

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