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Some analysts see gas prices resuming their upward trajectory in the coming days
Natural gas prices fell from eight-month highs Thursday on concerns over broader financial markets and after a weekly storage report showed U.S. gas stockpiles rose slightly more than expected.
Futures for November delivery ended 1.9% lower at $3.2220 a million British thermal units on the New York Mercantile Exchange. Prices closed Wednesday at $3.2840/mmBtu, the highest level since Jan. 29, and are up about 14% over the past month even after Thursday’s decline.