U.S. Natural Gas Futures Gain Ahead of Storage Data

Dow Jones07-16 22:01

1001 ET - U.S. natural gas futures continue to claw back ground after their slide under $3, edging higher for a third session. Market focus is on the EIA's weekly storage report, due at 10:30am ET. Analysts in a WSJ survey expect a 44 Bcf injection, leaving the surplus over the five-year average practically unchanged. The report "has increased significance after three straight bearish readings, although the July 4 holiday raised uncertainty," Eli Rubin of EBW Analytics says in a note. A bullish report relative to consensus estimates "may let August retest $3.00/mmBtu." Nymex natural gas is up 0.4% at $2.935/mmBtu. (anthony.harrup@wsj.com)

 

(END) Dow Jones Newswires

July 16, 2026 10:01 ET (14:01 GMT)

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