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The first draw of the winter heating season puts total natural gas stocks at 3,564 Bcf, which is 62 Bcf (1.7%) below the 2021 level at this time and 39 Bcf (1.1%) lower than the five-year average ...
Natural gas futures initially responded well to the draw, with the front-month April contract on the New York Mercantile Exchange’s Henry Hub rising to a five-week high of $2.861 per mmBtu, or ...
Without the backing of financial institutions, LNG investment and expansion would be unviable, the groups note. The top 60 banks have provided $122 billion in loans and bond underwriting to LNG ...
Natural gas prices recently soared to their highest levels in two years, fueled by extreme weather conditions, supply constraints, record liquefied natural gas (LNG) exports and geopolitical ...
Natural gas is losing ground as demand is expected to remain weak in the near term. On December 7, EIA released i Natural Gas Storage Draw Exceeds Analyst Estimates | Nasdaq ...
The weekly withdrawal put total natural gas stocks at 3,937 Bcf, 185 Bcf (4.9%) above the 2023 level and 284 Bcf (7.8%) higher than the five-year average.
Arctic blast drives natural gas futures higher as markets await EIA’s 270 Bcf drawdown report. Technical resistance at $4.053 could trigger rally to $4.369.
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