Market Watch

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November Henry Hub gas futures, which had fallen $1.782 in six sessions, reversed course on Monday and gained 24¢, or 5%, to $5.199 per million Btu. The rally was no surprise as the market was heavily oversold and appeared triggered by November gas holding strong support at $4.75. However, supply/demand fundamentals could be too bearish for prices to press much higher.

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