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Commodities

Futures Volatility Continues as Natural Gas Prices Struggle to Find Direction

Guavy AI Editorial Team
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Natural Gas
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Natural gas futures struggled to find direction on Wednesday, dipping below $3.000/MMBtu before closing modestly higher as traders weighed thinning production against weak shoulder season demand.

Traders are awaiting Thursday's government inventory report, which could provide clarity on the market's trajectory.

Production has dropped 1.0 Bcf/d day/day, while storage builds have trailed the five-year average.

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