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Natural gas futures fell 0.3% to $3.017 per mmBtu, with trading focused on the $3 level. Cooling rains in Texas and lower projected heating demand due to warming weather in Week 3 are factors contributing to the price decrease.
Analysts said ample US production and above-normal inventories should keep supplies well balanced into winter. They said LNG exports and power demand may offset some of the demand hit from warmer weather.
On Wednesday, Equinor (NYSE: EQNR ) discussed first-quarter financial results during its earnings call. The full transcript is provided below. This content is powered APIs. For comprehensive financial data and transcripts, visit The full earnings call is available at Summary Equinor ASA reported record high production