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All About Energy

Will Natural Gas Prices Rebound to $3.00 in 2016?

Curtis Funderburk Jan 12, 2016 9:41:46 AM
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As was suggested a month ago, the market started getting a round of year-end short covering into the end of December.  Prices continued rallying into last week on a more supportive weather regime, reports of lower U.S. production out of the EIA, a move out of grossly oversold market conditions, and a stronger technical pattern on the charts.

  

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