• Futures finished the trading week on a high note, despite concerns about lofty storage levels and moderating demand when fall weather arrives
  • While slow in the wake of Hurricane Laura, markets anticipated a stronger recovery for U.S. liquefied natural gas exports
  • Cash prices continued to cruise in California as scorching heat blanketed the state

After rallying late last week on the prospect of recovering liquefied natural gas (LNG) demand, October gas futures lost ground in early trading Tuesday even as estimates showed the anticipated recovery in export activity coming to fruition. The October Nymex contract was down 3.9 cents to $2.549/MMBtu at around 8:45 a.m. ET.

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Natural gas futures finished the trading week on a high note, despite festering concerns about lofty storage...