Natural gas futures traded lower through much of Tuesday against a solid supply backdrop. But the prompt month stemmed the bleeding by midday as buyers stepped in for bargains and potentially staved off a third straight session of losses.
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Here’s the latest:
December Nymex natural gas up a penny to $4.371/MMBtu as of 2:15 p.m. ETThe front month teeters on either side of even and hits an intraday low of $4.235Near-record production keeps market well-supplied ahead of winter17.3 Bcf of feed gas heads to export terminals on Tuesday, per Wood Mackenzie