Peace Deal Hopes, Bearish Forecasts Pushing Natural Gas Futures Lower

Natural Gas Intelligence · last updated May 6, 2026 – 5:05 AM

After slipping the previous session, natural gas futures declined further in early Wednesday trading, taking their cues from global oil and LNG benchmarks on reports that the United States and Iran are nearing an agreement to end the war.

At a Glance:

US, Iran reportedly drafting peace memo
LNG demand subdued on seasonal maintenance
NGI forecasting seasonally tight storage build

here today, more tomorrow

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