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COM - Nat gas jumps as plunging oil price seen sparking associated gas output cuts
Direxion Auspice Broad Commodity Strategy
Natural gas futures (NG1:COM) rallied +10.6% to settle at $1.94/MMBtu, as another sharp drop in oil prices is expected to accelerate associated declines in gas production related to oil producer shut-ins, while prices also were helped by a forecast for cooler weather.
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