0945 ET - U.S. natural gas futures continue trading in a tight range typical of the low-demand spring shoulder season. "The mild end to the winter helped replenish gas stocks and the mild weather has continued into April to weigh on gas prices," Clifton White and Francisco Blanch of Bank of America Global Research say in a note. They lower their Henry Hub price estimate for the remainder of the year by 20 cents to $3.40/mmBtu. While the market has trouble balancing during peak cold events, there is "typically plenty of spare midstream capacity available during the summer months that reduces risk of spiking gas prices even during peak heat," they add. Nymex natural gas is down 0.3% at $2.681/mmBtu.(anthony.harrup@wsj.com)
(END) Dow Jones Newswires
April 21, 2026 09:46 ET (13:46 GMT)
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