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Natural Gas Futures Retreat After Tuesday’s ‘Screaming’ Rally

Natural Gas Intelligence · last updated

June Nymex natural gas futures pulled back from the previous day’s surge on Wednesday as bearish shoulder season fundamentals came back into focus ahead of Thursday’s expected triple-digit storage build.

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

At A Glance:

  • June Nymex down 5.9 cents
  • Production off recent highs
  • Cash gains for third day