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Natural Gas Price– Weekly Recap August 6-10

posted by Avatar lchammer 281 days ago in USD, Weekly, Oil made popular 281 days ago

Natural gas prices continued their downward trend during last week. By Friday the Henry Hub (short term delivery) tumbled down by nearly 6%. I have referred to tumble of natural gas prices in a recent post. Following these developments the difference between future and spot remained mostly in Backwardation.
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