“Just Wait For The Bankruptcies” – The Latest Market That “Is In Real Trouble”
by Tyler Durden
ZeroHedge.com
12/17/2015
Natural-gas fell to the lowest ever inflation-adjusted price in its history of NYMEX trading on Wednesday as extremely warm weather continues to limit demand. As we recently explained, the glut in nattie is worse than that facing the crude complex, and while the glut in oil is expected to continue for the next year or so before balancing in late 2016, the pain for liquefied natural gas (LNG) could be just beginning. As one trader warned “this market is in real trouble…just wait for the bankruptcies.”
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