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August Natural Gas Futures Falter as Supply, Mixed Weather Forecasts Embolden Bears

Natural Gas Intelligence · last updated

Natural gas futures started July where they finished the prior month – floundering in the red amid strong supply and an uneven demand outlook.

Natural Gas Intelligence's (NGI) natural gas forward curve chart showing basis price forecasts for hubs key to the LNG market.

At A Glance:

  • Weekly output tops 106 Bcf/d
  • Weather demand varies
  • Storage remains elevated

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