U.S. Natural Gas Futures Gain on Warming Weather Outlook

Dow Jones06-26 03:03

1502 ET - U.S. natural gas futures extend their winning streak to three sessions as forecasts show weather heating up and driving electricity-sector demand for gas. "The demand side is where the more constructive argument sits, as power burn is expected to rise sharply next week and LNG feedgas continues to hold near strong operating levels," Gelber & Associates says in a note. The EIA reported a 76 Bcf storage build for last week, practically in line with the five-year average but above the 70 Bcf estimate in a WSJ survey of analysts. "The miss is not large enough to reset the broader market narrative by itself, but it does reinforce that the storage cushion remains meaningful even as summer demand begins to build," Gelber & Associates says. Nymex natural gas settles up 3.8% at $3.343/mmBtu.(anthony.harrup@wsj.com)

 

(END) Dow Jones Newswires

June 25, 2026 15:03 ET (19:03 GMT)

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