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Natural Gas Futures Prices Rise Early on Production Drop, Sustained Heat in Forecast
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Natural gas futures extended losses on Wednesday as forecasts pointed to benign conditions and LNG demand proved soft, offsetting continued light production estimates and expectations for a seasonally bullish storage print. At A Glance: Unsupportive weather outlook Production hovers near 97 Bcf/d NGI models 56 Bcf storage build Coming off a 3.9-cent decline the prior…
May 1, 2024Natural Gas Prices
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