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August Natural Gas Futures Tick Up After 52 Bcf Storage Print - Natural Gas Intelligence

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August Natural Gas Futures Tick Up After 52 Bcf Storage Print

The U.S. Energy Information Administration (EIA) on Thursday reported an injection of 52 Bcf natural gas into storage for the week ended June 21. The result was in line with expectations and left Nymex natural gas futures searching for direction.

Ahead of the 10:30 a.m. ET report, the August futures contract was down 4.4 cents at $2.701/MMBtu. The prompt month ticked up to around $2.723 when the EIA data was released. After about 20 minutes of post-print trading, it stood at $ 2.758, up 1.3 cents from Wednesday’s settlement.

August debuted as the front month on Thursday.

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