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Natural gas prices climbed on expectations of stronger demand next week.
Natural gas prices recorded a gain of 1.71%, closing at 214, driven by forecasts projecting higher demand in the upcoming week compared to previous expectations. Despite the backdrop of record gas production and forecasts indicating mild weather in the next two weeks, prices rose as concerns over increased demand for liquefied natural gas (LNG) export plants weighed on the market. The surge in prices was notable given the record gas production and the expectations of lower heating demand due to mild weather in the short term.
