0921 ET - U.S. natural gas futures are higher as the March contract moves to the front of the curve, with production recovering from freeze-offs caused by winter storm Fern. Gas for March delivery is up 3.4% at $3.858/mmBtu after the February contract expired yesterday at $7.460/mmBtu, the highest final settlement since September 2022. Uncertainty remains high over the extent of mid-February cold and timing of returning freeze-offs, Eli Rubin of EBW Analytics says in a note. "The 19-Bcf/d weakening in daily weather-driven demand and increasing supply should soften physical pricing, but reloading cold forecasts and deepening storage deficits into mid-to-late February suggest continued support for Nymex futures."(anthony.harrup@wsj.com)
(END) Dow Jones Newswires
January 29, 2026 09:21 ET (14:21 GMT)
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