David Rosenberg: Why the natural gas rally has legs

Author: External Author | | Categories: Offset Well Monitoring , Oil Well Optimization , Oilfield Service Company

The natural gas price rally this year has been impressive, to say the least, and seems to have sustainability. Buoyed by strong demand and tight supply, natural gas futures for the 1st expiring contract settlement climbed to US$3.82 per mmbtu in July, the highest since late 2018. Investors, however, do not seem to be convinced the rally can be sustained: every bull market requires a healthy dose of skepticism.

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Original Article Source Credits:   Financial Post , https://financialpost.com/

Article Written By:  David Rosenberg

Original Article Posted on:  Aug 13, 2021 

Link to Original Article:  https://financialpost.com/investing/david-rosenberg-why-the-natural-gas-rally-has-legs