The natural gas futures market continued its stunning price ascent Wednesday as local and fund traders exerted their will on a market notably devoid of sellers. After two failed attempts to sell-off during the first four hours of trading, the May contract exploded 17 cents in 90 minutes to notch a new all-time May 2004 contract high at $5.95. It settled just off that level, up 18.7 cents at $5.933.
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