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Market Open: Natural Gas Futures Cede Ground in Early Trading

Natural Gas Intelligence · last updated

Front month natural gas futures pulled back amid profit-taking to kick off Tuesday’s action. The February Nymex gas futures contract, which expires at Wednesday’s close, was 20.0 cents lower to $6.600/MMBtu at around 8:30 ET.

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At A Glance:

  • Freeze-offs limit supply
  • Heating demand strong
  • Hefty storage draw looms