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Oil, Natural Gas Activity Across Louisiana, New Mexico and Texas Still Grim, Says Dallas Fed

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Forecasts ‘Very Constructive’ for Natural Gas Demand as Futures Called Higher

A continued strong showing for July heat in the latest forecasts helped lift natural gas futures sharply higher in early trading Monday. The August Nymex contract was up 8.5 cents to $1.819/MMBtu at around 8:40 a.m. ET. While changes to the forecast were mixed over the holiday weekend, the overall pattern continues to look “very…

July 6, 2020