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June Nymex natural gas settled down 1.77% on Wednesday after prices hit a five-month low the previous week. Weekly EIA inventories were expected to rise 109 bcf, well above the five-year average of 58 bcf.
Mild weather through mid-May is expected to keep demand light.
Expected storage builds and light weather demand point to a loosening US gas market, which tends to pressure prices lower.
barchart.comRich AsplundApr 30, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
