News

Bullish LNG Demand Outdone by Looser Market Balance as Natural Gas Futures Slide — MidDay Market Snapshot

Natural Gas Intelligence · last updated

While LNG demand remained a bright spot, seasonal weather shifts, which portend the absence of near-term heating and cooling load, kept pressure on natural gas futures through midday on Wednesday.

Natural Gas Intelligence's (NGI) Waha midday natural gas price graph showing historical market volatility.

Here’s the latest:

  • May natural gas futures down 9.1 cents to $3.238/MMBtu as of 2:10 p.m. ET