News

Relief Rally Lifts Natural Gas Futures Back Above $3 as May Contract Expires

Natural Gas Intelligence · last updated

Natural gas futures rebounded Monday after four straight weeks of declines, resetting the market as June takes over at the front of the curve.

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

At A Glance:

  • Short-covering fuels gains
  • Weather outlook still weak
  • NGI predicting 115 Bcf build