Investment Thesis
Bearish sentiment overall will continue to hang over the natural gas space until we begin to see more sustained heat/strong cooling demand in the weather outlook.
Natural gas prices fall Friday capping a decidedly bearish week as heat wave will be short-lived
The front-month August natural gas futures contract finished Friday down 1.50%, or 3.6 cents ($0.036), to $2.251. The September contract also settled lower 3.5 cents ($0.035) to $2.228. Figure 1 below is a chart depicting the price trend of the front-month August contract over the past 7 days.
Source: Investing.com
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