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US EIA deepens forecast for drop in US natgas output in 2024

U.S. natural gas production will drop more this year than earlier estimates and demand will hit a record, the U.S. Energy Information Administration said in its Short Term Energy Outlook on Tuesday. . -June 11, 2024 at 04:38 pm EDT - MarketScreener

Oil Climbs Higher on Signs of U S Inventory Draw

Crude oil prices extended their gains from Tuesday after the American Petroleum Institute reported an estimated inventory draw of over 5 million barrels that observers had not expected.

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