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Front-month natural gas futures fell early Wednesday as the June contract approached expiry, with June at $2.545/MMBtu and July at $2.779. EBW Analytics noted front-month declines on settlement day in 11 of the past 14 months.
TPH analysts saw signs that EQT was ramping curtailed volumes back into the market.
Returning supply from EQT and softer cash prices weigh on near-term gas prices, though expected summer heat and power burn offer some support. Gas-fired power costs feed into the energy inputs that shape feed and processing margins.
naturalgasintel.comMay 29, 2024Not 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.
