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NYMEX gas futures mark second day of losses amid profit-taking, cooler outlook

May 20, 2022 Comments Off

Following a bullish first half of the week for NYMEX front-month natural gas futures, sellers took control of the market toward the latter part of the week with prices seeing losses May 19 and 20. At the end of trading on May 20, the NYMEX June 2022 natural gas futures contract shed 22.5 cents to close at $8.083/MMBtu but still…