
June Nymex natural gas (NGM25) on Wednesday closed downy by -0.314 (+10.09%).
June nat-gas prices on Wednesday gave up an early advance and settled lower, giving back some of Tuesday's sharp gains. Long liquidation pressures emerged in nat-gas futures on expectations that EIA nat-gas inventories will continue to build. The consensus is that Thursday's EIA nat-gas inventories will climb by +119 bcf for the week ended May 16, well above the five-year average for this time of year of +87 bcf.