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Surprise Natural Gas Drawdown Signals Higher Prices Ahead

Friday, October 14, 2016 2:31
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(Before It's News)

The U.S. electric power sector burned through a record amount of natural gas in recent weeks, a sign of the shifting power generation mix and also a signal that natural gas supplies could get tighter than many analysts had previously expected. The EIA reported a surprise drawdown in natural gas inventories for the week ending […]

The post Surprise Natural Gas Drawdown Signals Higher Prices Ahead appeared first on Commodity Trader.

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