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Rich Asplund

Nat-Gas Prices Recover on Carry Over Support from Crude Oil

crude oil Oil United States Nymex Natural Gas the Strait of Hormuz BNEF EIA

May Nymex natural gas (NGK26) on Tuesday closed up +0.008 (+0.30%).

Nat-gas prices on Tuesday erased early losses and moved higher as a rally in crude oil prices, driven by the continued closure of the Strait of Hormuz, sparked short-covering in nat-gas futures.  

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