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Where Independent Traders, Investors, and Dribblers Thrive
Natural gas futures failed at $3.00 again, when…
[article]858[/article]
[b]Summary
[/b]Working gas in storage was 1,913 Bcf as of Friday, June 8, 2018, according to EIA estimates. This represents a net increase of 96 Bcf from the previous week. Stocks were 785 Bcf less than last year at this time and 507 Bcf below the five-year average of 2,420 Bcf. At 1,913 Bcf, total working gas is within the five-year historical range.
Natural Gas futures finally makes a break after week’s of solitude – up through $3 day, warm weather and day after EIA Reports Build of 96 Bcf in #natgas Inventories
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