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2020-09-03 12:40:00

GAS MARKET UP

GAS MARKET UP

BARRON'S - Sept. 1, 2020 - Natural-gas futures rallied in August, tacking on nearly 50% to tally their largest monthly percentage gain in more than a decade as strong demand for the fuel in power generation significantly cut U.S. supplies in storage.

In March, U.S. inventories of natural gas were 81% higher than the same a time year ago, but supplies recently stood at 20% above the year ago level, according to Peter McNally, global sector lead for industrial materials and energy at investment research firm Third Bridge.

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Earlier:

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2020, August, 25, 14:15:00
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