Expectations for a Weekly Storage Build Knock Nat-Gas Prices Lower
Yahoo Finance·2026-04-02 03:16
May Nymex natural gas (NGK26) on Wednesday closed down -0.065 (-2.25%). Nat-gas prices fell to a 5-week nearest-futures low on Wednesday as recent above-normal spring temperatures have reduced nat-gas heating demand and allowed storage levels to build. The consensus is that Thursday's weekly EIA nat-gas inventories rose +38 bcf for the week ended March 27, well above the five-year average for the week of a -4 bcf draw. More News from Barchart Forecasts for above-average US temperatures that reduce hea ...