U.S. natural gas futures gained almost 2% on Thursday on a smaller-than-expected storage build, lower output, rising liquefied natural gas (LNG) exports and higher global gas prices that will keep demand for those LNG exports strong. In addition, the U.S. Climate Prediction Center said La Nina conditions have developed, which could mean a cold and wet winter for the United States. read more The U.S. Energy Information Administration (EIA) said utilities added 81 billion cubic feet (bcf) of gas into storage during the week ended Oct. 8. That was much lower than the 94-bcf build analysts forecast in a Reuters poll and compares with an increase of 50 bcf in the same […]

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