Cold Weather-Driven Demand Spurs Natural Gas Weekly Gain
Cheniere(LNG) ZACKS·2024-12-03 22:25
The U.S. Energy Department's latest inventory report showed a lower-than-expected decrease in natural gas supplies. Despite this bearish data, futures ended the week higher due to expectations of more people using the fuel to heat their homes on account of colder weather.However, natural gas is expected to remain volatile, depending on the temperature outlook, supply/demand balance etc. In such a situation, investors should focus on resilient stocks like Cheniere Energy (LNG) , Range Resources (RRC) and She ...