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Storage Build Misses Triple Digits, Sends Natural Gas Futures Rally Into Overdrive; Cash Prices Power Up

Natural Gas Intelligence · last updated

Natural gas futures on Wednesday gained ground for the fourth time in as many sessions as Mother Nature, tumult in the Middle East and a bullish storage print rippled through the market.

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

At A Glance:

  • EIA posts 95 Bcf storage build
  • Overall demand on upswing
  • Israel-Iran conflict looms large