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Barchart
Barchart
Rich Asplund

Nat-Gas Prices Rebound as Weekly EIA Inventories Fall More Than Expected

May Nymex natural gas (NGK24) on Thursday closed up by +0.070 (-3.91%).

May nat gas prices on Thursday recovered from a contract low and rallied moderately after weekly EIA nat-gas inventories fell more than expected.  The EIA reported nat-gas supplies fell -36 bcf last week, a larger draw than expectations of -28 bcf.

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