0849 ET - U.S. natural gas futures are mixed with the February contract due to expire at the close. Warmer temperature forecasts and a pickup in production after recent freeze-offs are weighing on prices, while on the bullish side this week's EIA inventory report is expected to show a longstanding storage surplus shift to a deficit versus the five-year average. Nymex natural gas for February delivery is off 1.4% at $3.421/mmBtu, and the March contract is up 0.4% at $3.135/mmBtu. (anthony.harrup@wsj.com)
(END) Dow Jones Newswires
January 29, 2025 08:49 ET (13:49 GMT)
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