The Outlook for an Expanding Storage Surplus Weighs on Nat-Gas Prices
Yahoo Finance·2026-04-15 03:16
May Nymex natural gas (NGK26) on Tuesday closed down -0.028 (-1.07%). Nat-gas prices continued their 5-week selloff on Tuesday, dropping to a 17-month low. Forecasts for above-normal temperatures that reduce nat-gas heating demand and expand US gas storage levels are weighing on prices. The Commodity Weather Group said that above-average temperatures are expected across the eastern two-thirds of the US through April 17, with seasonally normal weather expected across the US from April 18-27. More News ...