1508 ET - U.S. natural gas futures end the week lower as the market shifts into the low-demand spring shoulder season. Near-term fundamentals are "about as bearish as it gets," says Andy Huenefeld of Pinebrook Energy Advisors. Limited weather-driven demand in the next two weeks should be conducive to a ramp-up in storage injections, while on the supportive side are record LNG exports and lower Canadian imports than a year ago. Further ahead, as summer power demand increases, assuming that gas prices stay generally lower than last year "we should see natural gas make up a larger percentage of the generation mix," he says. "This could introduce upside risk despite the current soft pricing environment." Nymex natural gas for May delivery settles down 0.8% at $2.648/mmBtu for a 5.4% weekly loss. (anthony.harrup@wsj.com)
(END) Dow Jones Newswires
April 10, 2026 15:08 ET (19:08 GMT)
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