$UGAZ ECMWF 00z lost 9.5 HDDs, which is not great, but as is tradition in this market the price get hits twice as hard on bearish revisions as it gets helped on bullish ones. We can gained 2 cents on the big +17 HDD gain Wednesday afternoon, but since then we've lost back 13.5 HDDs and lost back 3.5 cents in price, and with a bullish inventory surprise in the mix.
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