1452 ET - U.S. natural gas futures retreat, wiping out most of the gains made in the previous six sessions as the EIA reports the first triple-digit storage injection of the season. Inventories increased by 103 Bcf to 2,063 Bcf last week, putting storage 137 Bcf above the five-year average. It was the earliest triple-digit injection on record, Andy Huenfeld of Pinebrook Energy Advisors says in a note. "With some modest heating load lingering across the north, the magnitude of subsequent injections may fall shy of today's number, but healthy inventory growth is expected to continue as the shoulder season progresses." Nymex natural gas settles down 4% at $2.614/mmBtu.(anthony.harrup@wsj.com)
(END) Dow Jones Newswires
April 23, 2026 14:52 ET (18:52 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
Comments