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U.S Gas Futures Records The Best Daily Performance in Nearly Two Weeks

Adel 4 August, 2021 10:43 am Commodities, Market Update

US natural gas futures rose, recording their largest one-day gain in nearly two weeks, with expectations of hotter weather conditions continuing over the coming weeks, which tends to increase demand for air cooling.

Gas contracts rose to the nearest maturity by 2.3% to settle at $ 4.027 per million British thermal units, the highest level since July 20.

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