Natural Gas (NG=F) Holds $2.90–$2.96 Support as EIA +7 Bcf Miss, 108.7 Bcf/d Output and 124 Rigs Cap Rebound; $3.15–$3.34 Resistance in Focus

September NG=F hovers around $3.05 as bullish storage (-22 Bcf vs 5-yr on an equivalent basis, +7 actual), rising production at 108.7 Bcf/d and cooler late-August forecasts clash; reclaiming $3.11/$3.15/$3.20 unlocks $3.34, while a slip under $3.02 exposes $2.90–$2.85 | That’s TradingNEWS

TradingNEWS Archive
8/8/2025 9:41:26 PM