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Commodities

Natural Gas Futures Pull Back Amid Milder Weather Expectations

Guavy AI Editorial Team
Instruments
Natural Gas
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Natural gas futures pulled back on Tuesday as traders prepared for the contract rollover and factored in expectations for milder autumn weather.

The prompt-month natural gas futures retreated early in the day, according to data from NGI. This move comes as traders digest the prospects of increased supply and milder temperatures in the coming weeks.

Despite strong demand, the market is set to ease, with a storage increase of 23 Bcf seen. Overall supply levels remain healthy.

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