The bulls took center stage today in the natural gas market with front month November rallying 7.95% to $5.62. Perhaps the drop in temperatures on the East coast had an impact on sentiment, really though most risk assets seemed to improve in value today after the greatly anticipated consolidation in Interest rate markets, finally took place. There were also a few headlines regarding the excessive number of LNG tankers floating off the coast of Europe. The longer run picture for natural gas remains bullish as the conflict in the Ukraine continues to rage and gas supplies to Europe remain curtailed, maybe low prices are the cure for low prices this week..
