Natural gas futures posted the second straight week of modest gains as traders anticipate rising demand during the second half of November. Temperature patterns are set to flip cooler in the populous East and Midwest over the next 10 days, although there is some question as to how long the more seasonable weather will last. Production has started to recover amid higher cash pricing in key market areas.
Natural Gas Market Talk | 11.15.2024
Rally in NYMEX futures stalls as prompt-month pricing hits resistance near $3.00 per MMBtu.
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