0843 ET - U.S. natural gas futures are lower ahead of the EIA's weekly storage report, which is expected to show inventories down by 265 billion cubic feet at 1,836 Bcf, according to a Wall Street Journal survey of analysts, the second-largest weekly draw of the winter. Natural gas for April, the new Nymex front month, is off 1% at $3.919/mmBtu. "What could determine if $4 is reclaimed is whether the EIA storage report misses bearish or bullish, and whether the midday data trends colder or warmer," forecaster NatGasWeather.com says in a note. (anthony.harrup@wsj.com)
(END) Dow Jones Newswires
February 27, 2025 08:43 ET (13:43 GMT)
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