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Natural Gas Market Talk | 10.25.2024

Futures pricing changes course back to the upside in anticipation of an end to mild weather in the East.

Natural gas prices appear to have finally found a bottom. Following three straight weeks of losses, the market reversed course this week despite a bearish surprise in the storage number and expectations for warmer-than-normal temperatures over the next two weeks. The latest forecasts suggest and end to the widespread warmth could be in store for early November, ushering in increased heating needs near the official start to the natural gas winter.

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