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Natural Gas Moves Lower With Broader Energy Markets - The Wall Street Journal

The Wall Street Journal · last updated

Natural Gas Moves Lower With Broader Energy Markets - WSJ

Updated Oct. 30, 2023 3:30 pm ET

1526 ET – Front-month natural gas futures shed 3.8% to $3.352 per mmBtu, along with a fall in crude oil prices, as the front-month contract switched to December. “A combination of bearish spillover from the hard fall in the oil complex as well as some bearish weekend adjustments to the short-term temperature views provided primary catalysts to today’s price weakness,” says Ritterbusch and Associates in a note. The importance of weather forecasts keeps growing, as the winter season draws nearer. ( kirk.maltais@wsj.com; @kirkmaltais)

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