Natural Gas Futures and Cash Prices Soar with Production Cuts Overshadowing Overhang
Tuesday, 2 April 2024, 21:56
Natural Gas Prices Surge
Natural gas futures extended their rally on Tuesday amidst production cuts overshadowing a supply overhang. The surge in prices was supported by near-term weather demand and market dynamics.
Key Points:
- Production Cuts: Contributed significantly to the rally
- Supply Overhang: Despite expectations, the market remained bullish
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