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Natural Gas–Weighted Stocks and Natural Gas Prices

Natural Gas–Weighted Stocks and Natural Gas Prices

On August 22, natural gas September futures fell 0.8% and settled at $2.956 per MMBtu (million British thermal units)—$0.02 below the highest closing level for active natural gas futures since June 27. The forecast of a smaller addition to the inventory level might have supported higher natural gas prices. The EIA’s (U.S. Energy Information Administration) natural gas inventory report is scheduled to be released on August 23.