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US natural gas futures rose about 3% as output dipped and LNG export plants raised feedgas flows after maintenance. The EIA reported a near-normal storage build of 73 bcf for the week ended June 12.
LSEG data showed June Lower 48 output averaging 109.4 bcfd.
Rising LNG feedgas and lower output should trim the storage surplus, supporting domestic gas prices and energy input costs.
stockopedia.comMay 25, 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.
