1. US Upper Midwest and Midcontinent spot natural gas prices gained in Oct. 20 trading amid a rising demand outlook. 2. Chicago city-gates added 21 cents on the day to trade at $4.84/ MMBtu, while Natural Gas Pipeline-Midcontinent Pool rose 18 cents on the day to $4.69/MMBtu for flows Oct.21. 3. Total demand in the region was set to steadily rise over the coming days and average 14.3 Bcf/d over the next eight to 14 days, up 1 Bcf from current levels, according to data from S&P Global Platts. The rise in demand was projected to be driven largely by rising residential and commercial demand as the market heads into winter amid expectations of a supply shortage because of weak injections.
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