Natural Gas Forecast: Heavy Supply Caps Prices Before Winter

That being said, this market continues to be very noisy, and it continues to be a scenario where traders might be willing to take a look at dips as potential buying opportunities, but we’ll have to wait and see. We are getting closer to that roll over into positivity, but we need to see what that ends up looking like.

Overall, this market, I think, is going to be choppy for a while, but seasonally speaking, we are getting close to when people start to price in winter storms, that kind of thing.

Ultimately, the situation in Europe is going to be fluid. That’s going to be driven mainly by the Middle East and whether or not the supply of gas from Qatar makes it to the EU.