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Natural Gas Futures Trade Sideways as Shoulder Season Saps Demand

Natural Gas Intelligence · last updated

Natural gas futures were flat for a second straight session on Wednesday as traders assessed weak near-term weather and bullish longer-term fundamentals.

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

At A Glance:

  • EQT, Baker Hughes bullish natural gas
  • NGI modeling 80 Bcf storage build
  • Prompt month “oversold”