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Midweek Update

Midweek Update: warm, but not enough

Bias: NeutralModels agreement: Strong

Change: Weather stays above normal, but not strong enough to offset comfortable storage

Natural gas fell almost 2% today, and the weather update did not give bulls much cover. GEFS remains warmer than the 30-year mean, but the 12Z Jul 8 run lost demand versus Jul 6, with Insights showing -7.

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