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We are now at a critical time of the year in the natural gas market as withdrawals from storage in the US will shift to injections. The season where inventories decline lasts from November until March each year, and for the rest of the year, stockpiles tend to build to prepare for the next peak season during the coldest months of the year.
The price action in the natural gas market has been bearish since mid-November when the price of the energy commodity rose to its highest price since 2014 at $4.929 per MMBtu. The