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May Natural Gas Futures Lose Ground as Weather Warms Up

Natural Gas Intelligence · last updated

May Nymex natural gas futures slid for a third session Monday amid warmer weather forecasts for late April and stronger Lower 48 gas production over the weekend.

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

At A Glance:

  • Weekend output tops 106 Bcf/d
  • NGI models 26 Bcf injection
  • Permian leads cash gains