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Natural Gas Futures Rise As Weather Cools - The Wall Street Journal

The Wall Street Journal · last updated

Natural Gas Futures Rise As Weather Cools - WSJ

Oct. 25, 2023 2:42 pm ET

1436 ET – A rise in natural gas prices is “attributed to the first subfreezing cold shot of the season sweeping across the northern and central US this weekend into next week,” NatGasWeather.com says in a report. The November contract expires at the end of the week, which is also influencing trade, the firm says. US inventories are expected to increase by 79 billion cubic feet in the EIA’s weekly report due tomorrow. That would still keep supply above a five-year average, but the surplus has been narrowing. Natural gas prices gained 1.3% to $3.010/mmBtu.( paulo.trevisani@wsj.com; @ptrevisani)

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