U.S. Natural Gas Sinks on Storage Miss, Freeport Maintenance

Dow Jones01:44

1343 ET - U.S. natural gas futures are falling after a larger-than-expected storage build for last week, compounded by reports of planned maintenance at Freeport LNG in Texas. The unexpected maintenance at Freeport temporarily reduces confidence in LNG feedgas demand "at a time when the market needed exports to help offset strong production and elevated inventories," Gelber & Associates says in a note. Natural gas stocks increased by 61 Bcf last week, extending the surplus to 185 Bcf from 175 Bcf, despite the heat wave driving power-sector demand. Nymex natural gas is down 6.4% at $3.007/mmBtu.(anthony.harrup@wsj.com)

(END) Dow Jones Newswires

July 09, 2026 13:44 ET (17:44 GMT)

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