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US natural-gas futures gave back much of their early gains on Monday, closing up 1.5% at $2.579/mmBtu despite hot weather and strike threats at a Chevron LNG terminal in Australia. Tropical Storm Idalia was expected to approach Florida.
Intraday strength faded on weak demand outlooks, so the net effect on feed energy costs is limited.
wsj.comAug 28, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
