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Balmy Forecasts Melt Natural Gas Futures, Spot Prices as Shoulder Season Nears

Natural Gas Intelligence · last updated

Natural gas futures plunged on Wednesday, erasing early week gains amid declining heating demand as the storage withdrawal season winds down.

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

At A Glance:

  • Warming patterns ‘too much to ignore’
  • First storage build looming
  • LNG demand holding strong