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Markets - Energy - 2020-07-09
US natgas futures hit 2-month high ahead of storage report
Energy

US natgas futures hit 2-month high ahead of storage report

  • Traders noted the advance came on forecasts the weather will remain hotter-than-normal for the next two weeks.
  • As the weather heats up, Refinitiv forecast US demand, including exports, will rise from 89.2 bcfd this week to 90.7 bcfd next week.
Published 09 Jul, 2020 08:29pm