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Natural Gas Futures Falter — MidDay Market Snapshot

Natural Gas Intelligence · last updated

Natural gas futures hovered deep in the red through early afternoon trading on Friday as market participants mulled competing fundamentals and a shrinking storage deficit. A stock market rout in the wake of uncertainty imposed by the Trump administration’s latest tariff policies also cast a shadow over commodities.

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

“Compared to previous weeks where natural gas had benefited from buyers looking to diversify in an uncertain macro environment, the market is now pricing in the possibility that U.S. LNG exports may be affected by retaliatory measures of countries that have been hit with President Trump’s latest round of tariffs,” analysts at Gelber & Associates said.

Here’s the latest: