Natural gas dropped on forecasts for less heating demand through the middle of December than previously expected.
Meteorologists now forecast the weather will remain at near normal levels before turning colder than usual on Dec. 10
Utilities likely pulled just 22 billion cubic feet of gas from storage during the week ended Nov. 29.
Gas production in the Lower 48 states slipped to a two-week low of 94.8 bcfd on Tuesday from 95.4 bcfd on Monday, according to Refinitiv.
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