U.S. Natural Gas Extends Losses After Storage Build -- Market Talk

Dow Jones

2025/03/20

1107 ET - U.S. natural gas futures add to early losses as the EIA reports the first increase in natural gas inventories since the first week of November. Gas in underground storage rose by 9 billion cubic feet last week to 1,707 Bcf, reducing the deficit against the five-year average to 190 Bcf from 230 Bcf the week before. Analysts in a Wall Street Journal survey had predicted on average a 12 Bcf storage draw for last week. Below-average inventories have kept futures prices above $4 despite mild March weather following a colder-than-normal start to the year. The Nymex front month is off 3.9% at $4.081/mmBtu. (anthony.harrup@wsj.com)

(END) Dow Jones Newswires

March 20, 2025 11:07 ET (15:07 GMT)

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Gas in underground storage rose by 9 billion cubic feet last week to 1,707 Bcf, reducing the deficit against the five-year average to 190 Bcf from 230 Bcf the week before. Analysts in a Wall Street Journal survey had predicted on average a 12 Bcf storage draw for last week. Below-average inventories have kept futures prices above $4 despite mild March weather following a colder-than-normal start to the year. The Nymex front month is off 3.9% at $4.081/mmBtu. 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Gas in underground storage rose by 9 billion cubic feet last week to 1,707 Bcf, reducing the deficit against the five-year average to 190 Bcf from 230 Bcf the week before. Analysts in a Wall Street Journal survey had predicted on average a 12 Bcf storage draw for last week. Below-average inventories have kept futures prices above $4 despite mild March weather following a colder-than-normal start to the year. The Nymex front month is off 3.9% at $4.081/mmBtu. (anthony.harrup@wsj.com) \n\n\n  (END) Dow Jones Newswires\n\n\n  March 20, 2025 11:07 ET (15:07 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}