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Barchart
Barchart
Rich Asplund

Nat-Gas Prices Climb on Expectations of a Smaller Storage Build and Hotter US Temps

United States EIA BNEF Natural Gas

July Nymex natural gas (NGN26) on Wednesday rose +0.047 (+1.48%).

Nat-gas prices moved higher on Wednesday on the outlook for a below-average build in weekly nat-gas storage. The consensus is that Thursday’s EIA weekly nat-gas inventories will climb by +99 bcf for the week ending May 29, below the five-year average for the week of +101 bcf.

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