Natural gas futures price edged up 0.5% to $2.97/MMBtu, aligning with an uptick in Asian demand for U.S. cargoes. Forward curves indicate potential seasonal strength through Q Redwood Trust (RWT) is a mortgage real estate investment trust ( mREIT ), which means it deals not in physical real estate, but paper real estate (i.e., mortgages). And rather than provide a breakdown of its current operations, I’ll lay out what it’s pivoting toward, as the company is in the midst of an “accelerated” transition to its core operating strategy. Is Oil-Indexation Still Relevant for Pricing Liquefied Natural Gas? With natural gas futures price at $2.95/MMBtu, analysts note a bullish bias driven by weather-driven demand and steady LNG shipment schedules. Traders are eyeing the $3.10 resistance level as a key breakout zone.
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