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With Output Steady and Demand Poised to Wane, Natural Gas Futures Fall
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Weekly natural gas cash prices retreated with demand easing as extreme heat and volatile weather gave way to milder conditions. Futures pared earlier steep losses into the week’s end as supply and demand fundamentals shifted. In the Memorial Day-shortened workweek, NGI’s Weekly Spot Gas National Avg. for May 28-30 sank 23.0 cents to $1.550/MMBtu. As…
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