The settlement price of natural gas futures in the United States is rising.
Natural gas futures in the United States rose slightly, with the market ignoring a storage increase of 590 billion cubic feet above the average level, which expanded the surplus compared to the five-year average inventory. Andy Huenefeld of Pinebrook Energy Advisors said in a report that, considering the mild spring weather and bearish sentiment, the market did not see a larger decline, "which may indicate that the market is losing momentum." "It is expected that the storage levels will increase significantly starting from next week's report." The settlement price of natural gas futures for May delivery on the New York Mercantile Exchange rose by 1.4% to $2.647 per million British thermal units.
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