The CME/Nymex October gas contract gained 7.9￠ to $3.909/MMBtu despite the current drop in demand

摘要

Tropical Storm Katia will remain on the Atlantic side of the US coast, posing no threat to the Gulf of Mexico. However, percolating tropical developments in the Gulf and Caribbean brewed up some short covering and kept the contract from trading lower. Early in the session, the October contract traded as low as $3.78, reflecting the sharp drop in demand.