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S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
MarketsNATGAS

US Natgas Prices Extend Decline

US natural gas futures dropped to around $3.15 per MMBtu, extending their pullback from a three-month high amid weaker LNG export demand. Average feedgas flows to major LNG export facilities declined from 17.1 bcfd in May to 16.0 bcfd in early June due to seasonal maintenance at several plants, with daily flows falling to a four-month low. This increases available inventories at a time when storage is already relatively comfortable, at over 6% above the five-year average. Losses, however, were partly limited by weather forecasts pointing to mostly above-normal temperatures through June 17, which is expected to boost gas consumption from power generators as air-conditioning use rises. In addition, gas production in the Lower 48 states averaged 108.8 billion cubic feet per day so far in June, down from 109.7 bcfd in May.

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