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Rich Asplund

Nat-Gas Prices Rebound on Smaller-Than-Expected Inventory Increase

EIA United States Nymex Natural Gas BNEF

June Nymex natural gas (NGM26) on Thursday closed up +0.030 (+1.05%).

Nat-gas prices recovered from early losses on Thursday and settled higher on a smaller-than-expected storage increase. The EIA on Thursday reported that nat-gas inventories rose +85 bcf in the week ended May 8, a smaller build than expectations of +91 bcf.

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