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Natural Gas Dips on Cool Weather as Mideast Supply Risks Prop Global Demand

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The Story

News Summary

  • US natural gas prices slipped 1.06% as cooler weather forecasts curbed cooling demand.
  • However, downside was cushioned by surging European gas prices linked to Strait of Hormuz tensions, alongside resilient US electricity output and strong LNG export flows of 19.5 bcf/day.
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165.99 +46.00% over the displayed period

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