Market Watch

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September gas futures rebounded 8.1¢ Monday to $2.632 per million Btu as heat drove an increase in power-sector gas burn. “Supply fundamentals are little changed, with production and Canadian imports seeing modest weekend gains,” Gelber & Associates analysts said. “Contrary to the expectations of some weather models, South Central [US] temperatures have returned to extreme levels. … Forecasts expect sustained increases as the week continues.”

Gas Demand, Gas Inventories, Gas Supply, Gas Prices, Gas Pipelines
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Wed, Sep 20, 2023