Natural Gas Sep '25 (NGU25)
Natural Gas Futures Market News and Commentary
September Nymex natural gas (NGU26) closed down -0.048 (-1.79%) on Thursday.
Nat-gas prices tumbled to a 3.25-month nearest-futures low on Thursday and settled lower on a larger-than-expected storage build. The EIA reported that nat-gas inventories rose by +33 bcf in the week ended July 31, above expectations of +30 bcf and well above the five-year average of +23 bcf.
Losses in nat-gas prices were contained on Thursday amid forecasts for warmer US weather, potentially boosting nat-gas demand from electricity providers to power an expected increase in air conditioning use. The Commodity Weather Group said on Thursday that forecasts shifted warmer, with above-average temperatures expected across the Northeast and western US through August 10.
Nat-gas prices also have some negative carryover from Tuesday when Energy Transfer announced that the Hugh Brinson pipeline will be able to operate at its full transportation capacity of 1.5 bcf/day by September 1, allowing m... Read more
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