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American natural gas: price stability

27/09/2024
Source : ORISHAS-FINANCE
Categories: Raw materials

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As the market awaited the direction of a federal report that should show that last week's inventory build was below normal for the 19th time in 20 weeks, U.S. natural gas futures held steady on Thursday near a 13-week high.

This lack of price movement came despite optimistic forecasts of higher-than-expected demand over the next two weeks and a continued reduction in production prior to Hurricane Helene.
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