Natural Gas Futures Pare Losses Early, Seen ‘Fairly Priced’ in Terms of Fundamentals

Natural gas futures pared their recent losses in early trading Tuesday as March chills, despite moderating in recent forecasts, remained supportive.  Coming off a 43.7-cent swoon in the previous session, the April Nymex contract was up 5.6 cents to $2.628/MMBtu at around 8:50 a.m. ET. With technical support from the 20-day moving average at $2.57,…

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