July gas put an end to the three-session rally Wednesday, dropping slightly to roll off the board in the upper $2.20s per million Btu, having recovered from a plunge into the upper $2-teens late last week.

摘要

Expectations for a seventh consecutive triple-digit build and near- record production weighed on the contract. However, while this could be the last build over 100 Bcf for now, injections to mid-July look to remain above the five-year average, which has been reduced to 199 Bcf, or 8.3%.