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Natural Gas Ends Lower for 4th Consecutive Session - The Wall Street Journal

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Natural Gas Ends Lower for 4th Consecutive Session - WSJ

Updated Oct. 16, 2023 2:56 pm ET

1448 ET – Natural gas prices decline for a fourth straight session, ending 3.9% lower at $3.109/mmBtu as a price-supportive retreat in domestic gas production during early October appears to be over, and analysts now say output is climbing back toward new, record-highs as producers try to stock up for the high-demand winter season. Today’s selling may have been partly influenced by crude oil prices that also saw a relatively significant drop, possibly triggering risk aversion across the energy commodities space. ( dan.molinski@wsj.com)

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