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Barchart
Barchart
Rich Asplund

Smaller-Than-Expected Weekly Storage Increase Lifts Nat-Gas Prices

EIA United States Natural Gas BNEF

July Nymex natural gas (NGN26) on Thursday closed up +0.088 (+2.80%).

Nat-gas prices settled sharply higher on Thursday on a smaller-than-expected increase in weekly storage levels. The EIA reported on Thursday that nat-gas inventories rose +73 bcf in the week ended June 12, below expectations of +80 bcf.

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