Market Watch

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September gas futures took quite a ride Thursday as very bullish storage data set off a rally into the $9.60s per million Btu, followed by a sharp plunge into the $8.90s/MMBtu. By the end of trading, the September gas contract was down 5.6¢ to $9.188/MMBtu. The 12-month strip was flat at $7.545. But in a sign that bulls remain in control, the 2023 calendar strip edged 3.8¢ higher to $6.379 (Futures contracts).

Gas Demand, Gas Inventories, Gas Supply, Gas Prices, Gas Pipelines
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