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Why natural-gas prices are falling despite the largest supply drop in 3 years

U.S. natural-gas supplies in storage marked their biggest weekly decline in nearly three years — but that wasn’t enough to rally prices for the heating fuel on Thursday.

In Thursday dealings, natural gas for February delivery NG00 NGG24 traded at $2.582 per million British thermal units, down 5.9 cents, or 2.2%, on the New York Mercantile Exchange.

The…

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