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Close-up of an intricate industrial pipeline system featuring yellow valves and steel structures inside a factory.
FORECASTS1H
Natural Gas Bulls Look to EIA Storage Data as $3 Breakout Test Builds
Natural gas futures are pressing toward the $3.00 area as hotter weather, firm LNG feedgas demand and a tighter storage setup support buyers. Thursday’s EIA report, expected to show a 32 Bcf injection, could decide whether the rally gains traction or runs into renewed production pressure.