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Commodity: fall in gas prices in the United States

30/08/2024
Source : ORISHAS-FINANCE
Categories: Raw materials

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En raison des prévisions d' une demande la semaine prochaine inférieure According to previous forecasts, American natural gas futures fell ; by around 1% on Thursday.

The slight drop in gas prices occurred despite a bearish federal report showing that inventories accumulated last week were below normal for the 14th time in 15 weeks, after the fall in prices at the beginning of the year prompted several producers to cut production. On their first day as a reference month, gas futures for October delivery on the New York Mercantile Exchange were down 2 cents, or 1.0%, to $2.077 per million British thermal units (MMBtu) as of 10:36 EDT (14:36 GMT). Waha prices averaged below zero for the first time in 2019. This happened 17 times in 2019, six times in 2020, and once in 2023.

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