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Demand Expectations Weaken on Weekend Weather Changes as Natural Gas Futures Tumble
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Natural gas futures on Tuesday rallied amid forecasts for strong Southern heat, continued light production estimates and expectations for a bullish government inventory print. At A Glance: Heat forecast to spread Production below 96 Bcf/d Bullish injection expected The June Nymex gas futures contract settled at $2.416/MMBtu, up 7.2 cents day/day. NGI’s Spot Gas National…
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