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US natural gas futures fell 1.5% to $1.778/mmBtu on rising Lower 48 output and forecasts for less hot weather. Speculators raised long positions to their highest since December 2018 on hopes of an economic rebound.
Weather-driven cooling demand and rising output keep Henry Hub prices soft, lowering energy costs for feed and ethanol production.
brecorder.comReutersJul 13, 2020Not 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.
