Market Watch

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August gas futures pulled back from recent gains, falling 21.5¢ Tuesday to $7.264 per million Btu. A bit of profit taking following a two-session 87.9¢ rally combined with some bearish tweaks to weather outlooks to let some steam out of the market. The 12-month strip fell 17.1¢ to $6.324; the 2023 calendar strip was down 10.8¢ to $5.39 (Futures contracts).

Gas Demand, Gas Inventories, Gas Supply, Gas Prices, Gas Pipelines
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Exxon will capture, transport and store CO2 emissions in Louisiana in what appears to be one of the first large offtake agreements for CO2 in the hard-to-abate steel sector.
Thu, Jun 1, 2023