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Natural Gas Futures Dip but Hold Weekly Gains Amid Cold Weather

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Natural gas futures experienced a slight decline on Friday, November 13, 2026, but remained on track for weekly gains. The drop came as traders took profits ahead of a chilly weekend, with December New York Mercantile Exchange futures falling 13.1 cents to $3.209 per MMBtu by noon ET. Despite the dip, the market was supported by brisk weather in the East and a resurgence in LNG feedgas flows.

The Energy Information Administration reported a 61 billion cubic feet storage build for the week ended November 6, which also contributed to the market's overall stability. The combination of weather-driven demand and increasing LNG activity helped offset the profit-taking seen in the futures market.

Analysts noted that while the short-term outlook was positive, traders were cautious about the longer-term implications of storage levels and production trends. The market's focus remained on balancing immediate weather impacts with broader supply and demand dynamics.

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