Final week's 321 BCF US pure fuel withdrawal was the fourth-largest ever

There’s some angst about pure fuel all over the place for the time being. Germany is floating the thought of the resumption of Russian pure fuel flows as a part of a peace settlement.

Within the US, a chilly January has led to a collection of very giant pure fuel stock drawdowns. Right this moment’s announcement was a 321 BCF draw in comparison with 314 BCF anticipated at 223 BCF final week.

It is the fourth-largest draw ever.

Regardless of that, the March Henry Hub contract has tumbled this week because the market seems to be ahead to a hotter February. It final traded at $three.14 after buying and selling above $four final week.

This text was written by Adam Button at www.ubaidahsan.com.



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