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Natural Gas Nears 2-Year Highs, Inflation Fears Mount As Utility Costs Climb: 3 Energy Stocks Rise

Summary

Natural gas prices jump 6.5% on robust demand and geopolitical uncertainties, eyeing highest close since January 2023. Domestic demand soars with record-breaking consumption in 2024 and EU's search for alternative suppliers. Natural gas stocks outperform in energy sector.>U.S. natural gas prices surge on demand and geopolitical uncertainties, reaching highest close since Jan 2023. Record-breaking domestic consumption in 2024 and EU's search for alternative suppliers also drive prices. Natural gas stocks outperform.

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Article published on December 19, 2024 by benzinga