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外文期刊>NGW's Gas Market Reconnaissance
>Natural gas futures regressed for a fifth consecutive day as traders focused on data suggesting that US supplies will increase as production from new shale fields continues to climb amid busy drilling activity.
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Natural gas futures regressed for a fifth consecutive day as traders focused on data suggesting that US supplies will increase as production from new shale fields continues to climb amid busy drilling activity.
Storage inventories are set to finish the heating season at the end of March above the five-year average level as springtime weather reduces demand. Still, even though the overall sentiment remains undoubtedly bearish, objectives in the $4.20s have now been reached. As such, the market has become oversold, indicating that a technical rebound could happen.
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