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Morning Natural Gas Market Report

January natural gas prices took on a higher track during the initial morning hours and overcame November 14th gap resistance in the process. Perhaps some of the early gains came from reports out of China that projected a larger portion of their natural gas consumption coming from imports. While the US is not currently a big exporter of natural gas, it is a trend that is beginning to garner more attention. The latest estimates from the National Weather Service pegged heat-related demand for natural gas this week to run about 14.0% below normal.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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