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Commodities

September Heat Pushes Natural Gas Futures Toward $3/MMBtu

Guavy AI Editorial Team
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Natural Gas
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Natural gas futures rose on Wednesday as hotter September forecasts and optimism over liquefied natural gas (LNG) exports pushed prices toward $3 per million British thermal units (MMBtu).

The prompt month gains were tempered by strong production levels, which provided a counterweight to the upward momentum.

The October contract gained 6.5 cents on Wednesday, while cash markets saw mixed results with the Waha price topping $2.

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