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Summer, LNG Demand Outlooks Sending Natural Gas Futures Higher Despite Storage Building

Natural Gas Intelligence · last updated

June Nymex natural gas futures were solidly higher Wednesday in bargain buying as market participants looked beyond an expected large storage build toward anticipated demand growth, with production lagging.

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

At A Glance:

  • Large storage injection expected
  • Hot summer driving demand
  • Producers showing restraint

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