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Summer Natural Gas Curve Points to Tightening Despite Ample Storage

Natural Gas Intelligence · last updated

July New York Mercantile Exchange natural gas futures tumbled in their final session as the prompt-month contract Friday, with traders taking profits after the previous day’s rally as contract expiration and a higher US drilling rig count appeared to outweigh otherwise supportive summer fundamentals.

NGI Forward Look chart compares Henry Hub natural gas forward fixed prices for August through October 2026 across June 11, June 18 and June 25 trading dates.

At A Glance:

  • July contract expires
  • Summer curve stays firm
  • LNG demand supports outlook