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US Natural Gas Futures Hold Steady

Wall Street Journal Markets •
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U.S. natural gas futures traded within a narrow range as traders assessed the outlook for summer demand, particularly from the power sector.

The market's attention is fixed on weather forecasts and their potential to influence cooling needs, which directly impacts gas consumption for electricity generation.

This steady trading suggests a market seeking direction, with significant price movements likely dependent on clear signals regarding heatwaves or shifts in power plant operations. Investors and energy producers will be closely monitoring these factors for indications of future price trends.