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Barchart
Barchart
Rich Asplund

Abundant Supplies and Cool US Temps Pressure Nat-Gas Prices

United States EIA Nymex BNEF Electricity Natural Gas

July Nymex natural gas (NGN25) on Friday closed down by -0.075 (-2.13%).

July nat-gas prices on Friday were under pressure on signs of abundant supplies.  EIA data shows that as of May 23, US nat-gas inventories are +3.9% above their five-year seasonal average.

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