US natgas prices steady as rising output offset higher demand forecasts By Scott DiSavino July 26 (Reuters) - U.S. natural gas futures held near a one-week low on Friday as rising output offset forecasts for more demand over the next two weeks than previously expected during what could be record heat in the Lower 48 U.S. states. Also weighing on prices in recent weeks, as traders noted, was still a tremendous oversupply of gas in storage even though injections have been smaller than usual in 10

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PRESS DIGEST-British Business - July 26 July 26 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Anglo American AAL.L took a $1.6 billion writedown at its Woodsmith mine fertiliser project in Britain. - Britain’s accounting watchdog, the Financial Reporting Council, issued financial sanctions totalling 48.2 million pounds ($61.98 million) in the year to the end of

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UPDATE 2-US natural gas prices fall 4% on bigger storage build Adds latest prices By Scott DiSavino July 25 (Reuters) - U.S. natural gas futures fell about 4% to a one-week low on Thursday on a bigger-than-expected storage build, rising output and forecasts for less demand next week than previously projected. Despite the larger build, traders noted it was still smaller than usual for this time of year for the 10th time in 11 weeks.