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December US natural gas futures fell 11 cents on Friday to $3.23 per million Btu as short-term forecasts reduced heating demand and production recovered. Analysts noted record short positions could leave the market vulnerable to sharp spikes if cold weather persists.
Milder near-term forecasts and rising supply reduce the weather premium in US natural gas, which matters for feed-grain drying costs and energy-linked input prices.
Not 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.