News

May Natural Gas Futures Bounce Back Above $4

Natural Gas Intelligence · last updated

May Nymex natural gas futures were back in rally mode Wednesday as traders focused on chilly April weather and signs of a slight slowdown in gas production, possibly tightening up near-term market balances.

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

At A Glance:

  • May Nymex back above $4
  • Third early season injection on tap
  • Permian Basin leads cash gains

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