Summer is here, both for the United States and especially across the pond in sweltering Europe, but it might not be enough to rescue oversupplied natural gas markets, either at home or abroad. Stateside, New York Mercantile Exchange Henry Hub futures rallied to start the week, but by and large natural gas prices have taken it on the chin as of late amid a run of larger-than-normal inventory injec- tions reported by the U.S. Energy Informa- tion Administration.
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