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Are Natural Gas Traders Concerned about Rising Production?

Are Natural Gas Traders Concerned about Rising Production?

On June 5, natural gas July futures closed at a premium of ~$0.24 to July 2019 futures. The difference is called the “futures spread.” On May 29, the futures spread was at a premium of ~$0.25. On May 29–June 5, natural gas July futures fell 0.4%.