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Natural Gas Futures Cruise to Weekly Gain as Markets Look Past Near-Term Weather Weakness

Natural Gas Intelligence · last updated

June natural gas futures charged higher on Friday, marking the first week of prompt month gains since March 28 amid bullish technical momentum and a supportive inventory report.

Natural Gas Intelligence's (NGI) spot Henry Hub, National Avg. and New York Mercantile Exchange prompt month futures compared to Lower 48 natural gas production.

At A Glance:

  • Rig counts slip on oil price slump
  • Cooling demand proving elusive
  • Spot gas prices edge lower

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