US natural gas falls below $2.90/MMBtu as supplies outweigh demand

Verifying
  • US natural gas prices fell below $2.90/MMBtu from eight-week highs.
  • Inventories stood 5.2% above the five-year seasonal average on August 28.
  • Lower 48 output reached 112.9 bcfd in September, up from August’s 112.2 bcfd high.
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