Production Data Seen Fueling Natural Gas Futures Rally; Cash Mixed on Stormy Pattern

The timing of the season’s first significant summer cooling demand remained an open question Wednesday, but that didn’t stop natural gas futures from rallying sharply, helped by a reported drop in production. In the spot market, a stormy spring pattern didn’t stir much interest for buyers, and the NGI Spot Gas National Avg. added 0.5 cents to $2.210/MMBtu.

Source: Production Data Seen Fueling Natural Gas Futures Rally; Cash Mixed on Stormy Pattern

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