3rd Leg Trading

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But Loosening Supply/Demand Balance A Long-Term Concern

6:00 AM EDT, Friday, December 1, 2017
Natural gas put an end to its early-week rally with an emphatic 15 cent or 4.8% decline on Thursday to settle at $3.03/MMBTU. The loss was driven by the combination of a relatively disappointing EIA-reported weekly storage draw in this week's Report, expectations for an even more bearish draw for the storage week ending today, and computer model forecasts that trended warmer--or, more appropriately, less bitterly cold--over the last 24 hours for mid-December

by.....celsius


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