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Breaking Heat, Rising Storage Keep Natural Gas Futures on Downward Trajectory

Natural Gas Intelligence · last updated

A fourth day of double-digit losses Wednesday continued reversing previous heat wave-driven gains in July Nymex natural gas futures. Light volumes traded as market participants took a breath ahead of Thursday’s expiration and August’s move into the lead position Friday.

NGI weekly natural gas storage estimate for week ending June 20, 2025, with storage volumes, weekly changes, and historical ranges.

At A Glance:

  • Futures sliding
  • Demand easing
  • Storage building