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Barchart
Barchart
Rich Asplund

Nat-Gas Prices Recover on a Mixed US Weather Forecast

April Nymex natural gas (NGJ25) on Friday closed up +0.097 (+2.253%).

April nat-gas prices on Friday recovered from early losses and settled moderately higher on a mixed US weather forecast.  Short covering emerged in nat-gas futures to push prices higher after NOAA said the outlook for March 17-21 shows cooler temperatures for the West Coast, while storm systems could moderate warmth on the East Coast.  

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