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U.S. natural gas futures rise 1.2% as heat supports power demand

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  • U.S. natural gas futures rose for a third consecutive session on sustained warm-weather demand.
  • Nymex natural gas gained 1.2% to $2.954/mmBtu.
  • Eli Rubin of EBW Analytics said power-sector consumption could fall 6.1 Bcf/d by month-end.
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