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US Benchmark HH Natural Gas Futures Fall continues as front pulls further away from $4 down over 10% across curve on session:
Essential Utilities $WTRG to sell its West Virginia natural gas utility assets to Hope Gas;
Expected to close by the middle of 2023;
Financial details not disclosed$WTRG down 0.8%
Natural Gas Futures holding onto yesterday’s stop run under $4 Prompt bouncing up 2/3%.
Perhaps some stops in long oil/short #natgas out there.Natgas Futures
Feb 2023 4.136 +0.148
Mar 2023 3.747 +0.106
Apr 2023 3.648 +0.098
May 2023 3.673 +0.098
(11.32 ET)In the last EIA storage release for the 2022 storage was reported as a draw of 221Bcf, much lower than expected. Salt Dome Cavern stocks drew -53Bcf f
[See the full post at: Into The Vortex – Natural Gas Storage Outlook For 2023]
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