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Ahead of April Contract’s Expiration, Natural Gas Futures Drift in Bargain Hunting, Positioning

Natural Gas Intelligence · last updated

April Nymex natural gas futures were near unchanged on the plus side Wednesday, while the May contract ticked a tad lower as traders jockeyed for position ahead of the April contract’s roll off the board at Thursday’s close.

Graph and two charts showing Natural Gas Intelligence's (NGI) natural gas storage snapshot including market consensus estimates for inventory.

At A Glance:

  • April futures trade higher
  • Storage rebuilding challenge
  • Long-range demand support

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