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November US gas futures closed about a penny above $3 per MMBtu on Friday, after a volatile few days. The contract still posted a modest weekly gain of 3.4 cents.
Prices holding near $3 signal a balanced market with no strong new driver. Traders will watch storage reports for a directional break.
energyintel.comSep 28, 2018Not 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.
