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Natural Gas Futures Sink After Bearish Storage Report; Cash Climbs — MidDay Market Snapshot

Natural Gas Intelligence · last updated

May Nymex natural gas futures tumbled through midday trade on Thursday as a fourth consecutive bearish storage figure from the U.S. Energy Information Administration (EIA) signaled a loosening supply/demand balance.

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

Here’s the latest:

  • May natural gas futures sink 27.6 cents to $3.540/MMBtu as of 2:54 p.m. ET

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