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Natural gas futures retreated Friday, ending five days of frenzied rallying, as markets assessed an increase in production and traders took profits. The
Natural gas futures retreated Friday, ending five days of frenzied rallying, as markets assessed an increase in production and traders took profits. The
Coming in well within industry expectations, the Energy Information Administration (EIA) reported Thursday morning that 162 Bcf was withdrawn from underground stores for the week ended Dec. 23. The report fell on mostly deaf ears within the industry as February natural gas futures worked lower into the afternoon to settle at $11.223, down 41.4 cents from Wednesday's close.
Despite calls for increased output amid Russia’s invasion of Ukraine and threats to global supplies, U.S. crude exploration and production (E&P)
Natural gas futures dived lower for a second straight session on Tuesday amid warmer weather patterns and the potential for storage injections over the