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EIA Gas Build Reports Softens Markets

NATURAL GAS

After an initial uptick, US nat gas prices have retreated after the EIA reported a further 52 bcf build in US natural gas stockpiles.

  • US Natgas NOV 22 down -2.8% at 5.45$/mmbtu
  • European TTF prices have also shown some weakness since the report was released erasing some of its earlier gains, TTF NOV 22 up 2.3% at 106.75€/MWh

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