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$3.00/MMBtu Elusive for Natural Gas as Supply Meets Seasonal Demand Declines

Guavy AI Editorial Team
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Natural Gas
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Natural gas futures struggled to break through $3.00/MMBtu for the third time in four trading sessions, as ample supply and seasonal demand declines weighed on sentiment.

The October contract briefly touched $3.00/MMBtu on Tuesday, but the price was short-lived, retreating once again to trade below that level.

This is a trend seen before, with natural gas prices often experiencing a decline in demand during seasonal lows, such as this time of year.

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