U.S. Natural Gas Futures Extend Gains on Coming Hot Weather

Dow Jones06-26 21:55

0955 ET - A wave of above-normal temperatures moving across the U.S. the next two weeks is keeping a bid in natural gas as the July contract is set to expire. "While trader positioning into July final settlement will dictate today's session, next week could see record heat into the start of the 4th of July holiday weekend and strengthening physical demand to create an upward bias for Nymex futures," Eli Rubin of EBW Analytics says in a note. Production is rising, however, leaving a softer medium-term outlook, he adds. The Nymex July contract is up 0.5% at $3.360/mmBtu and gas for August delivery rises 1% to $3.328. (anthony.harrup@wsj.com)

(END) Dow Jones Newswires

June 26, 2026 09:55 ET (13:55 GMT)

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Production is rising, however, leaving a softer medium-term outlook, he adds. The Nymex July contract is up 0.5% at $3.360/mmBtu and gas for August delivery rises 1% to $3.328. 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Production is rising, however, leaving a softer medium-term outlook, he adds. The Nymex July contract is up 0.5% at $3.360/mmBtu and gas for August delivery rises 1% to $3.328. 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