U.S. natural gas futures are extending their gains as market participants brace for the potential impact of Tropical Storm Isaias, which has formed in the Gulf of Mexico and is forecast to intensify into a hurricane before making landfall on the U.S. Gulf Coast later this week. The storm’s trajectory and potential disruption to offshore production facilities and onshore infrastructure are driving bullish sentiment, with traders closely monitoring weather models for any shifts that could further impact supply and demand dynamics in the energy market.
Adapted from: WSJ.com: Markets
