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Natural Gas Market Talk | 08.09.2024

Futures prices mount a recovery from early-week lows.

NYMEX natural gas pricing turned back higher this week, marking only the second weekly gain for benchmark futures pricing since mid-June. Higher generation load and LNG export demand are tightening the near-term balance, but temperature forecasts show much milder weather for at least the next 5 days, strongly suggesting that we are past the peak of summer.

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