Market Watch

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May gas futures staged a 33¢ rally to $6.359 per million Btu as an oversized draw from storage reinforced strong bullish sentiment. May lost an early gain into the $6.30s/MMBtu ahead of the storage data; however, the rekindled rally was just as strong and broad-based, with 30¢-plus gains seen through February 2023.

Topics:
Gas Demand, Gas Inventories, Gas Supply, Gas Prices, Gas Pipelines
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