NYMEX Natural Gas Futures Contract Up and down activity today with the prompt month February contract hitting a low of US$3.52/MMBtu before rebounding to settle $0.01/MMBtu down from yesterday at $3/MMBtu

Fundamentals Previous concerns over the natural gas supply and demand balance continue to erode as warm weather paired with strong production forecasts erase a possibility of a repeat tight year this year. ~CL

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