Bob Iaccino of Path Trading Partners analyzes Natural Gas futures as prices reverse after failing to extend a four-day rally, settling near the 50-day moving average. He breaks down the latest EIA storage report, which revealed a smaller-than-expected build of 44 Bcf, bringing total inventories to 3,298 Bcf and narrowing the surplus over historical averages. Iaccino also examines near-term weather patterns across the U.S. and their impact on cooling demand.
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