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More upside for natural gas prices – Morgan Stanley
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More upside for natural gas prices – Morgan Stanley
(Investing) – A cold start to winter and record liquefied natural gas (LNG) flows have helped drive a strong rally in prices since mid-October, said analysts at Morgan Stanley, seeing further upside ahead. At 08:55 ET (13:55 GMT), natural gas prices fell 0.5% to $4.968 per million British thermal units, or MMBtu, but are up over 17% over the course of the last month and over 36% higher year-to-date. For the last several months, analysts at the U.
·Denver, United States
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