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Natural Gas Futures Tumbling as August Readies to Take the Lead - MidDay Market Snapshot - Natural Gas Intelligence

Natural Gas Intelligence · last updated

Natural Gas Futures Tumbling as August Readies to Take the Lead - MidDay Market Snapshot

July natural gas futures were tumbling into expiration, and the near-term outlook for the August contract also looked bleak as weak LNG demand and rising production placed bears in the driver’s seat.

Here’s the latest:

- July futures were off 13.9 cents to $2.617/MMBtu at around 2:00 p.m. ET. August futures were down 10.7 cents to $2.756
- Feed gas flows to U.S. liquefied natural gas facilities were holding below 13.0 Bcf/d

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