Natural Gas Futures: Extra weakness in the pipeline

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Natural Gas Futures: Extra weakness in the pipeline
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Considering advanced prints from CME Group for natural gas futures markets, open interest increased by just 545 contracts on Friday after three consec

utive daily pullbacks. Volume followed suit and went up by nearly 50K contracts following two straight daily declines.was accompanied by increasing open interest and volume, exposing the likelihood of further retracement in the very near term. That said, the commodity’s downside still faces decent contention around the $2.50 region per MMBtu.Information on these pages contains forward-looking statements that involve risks and uncertainties.

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