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Natural Gas Futures Slump on Bearish Storage Report, Tariff Risks

Natural Gas Intelligence · last updated

Nymex natural gas futures traded lower in a volatile session on Thursday under the weight of another seasonally heavy storage build and an unfolding trade war’s risks to gas demand.

Natural Gas Intelligence's (NGI) U.S. Energy Information Administration natural gas storage chart.

At A Glance:

  • EIA reports 57 Bcf injection
  • Broad market sell-off weighs
  • Cash prices higher