bullish
Global Commodities: Learnings from Earnings: One US gas producer steps up; European industrial de...
SUMMARY
- US natural gas market seeing production reduction by Chesapeake, but overall storage trajectory only slightly affected
- European natural gas market showing signs of rebound in industrial demand, with companies reporting higher demand in key countries like France and Germany
- Weather forecasts and production reductions in the Lower 48 indicating potential for lower prices for longer in the natural gas market
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