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rose US futures contracts Today, the natural gas sector was supported by the rise in international gas prices, which outweighed the potential pressures from the postponement of the restart of the Freeport LNG export plant in Texas.
Gas contracts for September delivery ended the trading session on the NYMEX, up 13.7 cents, or 1.5 percent, to record at a settlement of $9.330 per million British thermal units.
Prices stabilized following a volatile session on Tuesday when they hit $10 per million thermal units for the first time since 2008, before pulling back on news of a delay to the Freeport plant’s return.
