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NYMEX gas futures test new bottom amid persistently mild temperature outlook

Near-month NYMEX Henry Hub natural gas futures foundered near an nine-month low on Aug. 13 as modelers refreshed their unremarkable near-term temperature forecasts. The September contract closed up 2 cents to $2.82/MMBtu a day after sliding to the lowest settlement price of any prompt-month contract since mid-November 2024, according to data from both Platts, part …

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