Natural gas futures remained close to a seven-month peak on Monday, supported by record flows to liquefied natural gas (LNG) export facilities and expectations of higher demand next week than previously forecasted.
Despite recent strength, prices slightly eased as warmer weather reduced demand, and fuel inventories remain ample.
“One step forward, two steps back. The revenge of the emerging markets… on Wall Street's turf.”
Natural gas prices are sustained near multi-month highs due to record LNG exports and revised demand forecasts, despite short-term easing from milder weather and steady fuel stocks.
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