0857 ET - U.S. natural gas futures slip as forecasts show warmer weather likely to follow this week's Arctic blast. The pullback is limited by tight storage and near-term production freeze-offs. "While the most-likely scenario favors retreating prices into March, bullish resilience remains noteworthy," Eli Rubin of EBW Analytics says in a note. "Storage deficits may reach 250 Bcf, LNG exports topped record highs at 15.5 Bcf/d over the weekend, and bullish technicals may limit the extent of probable declines." The Nymex front month is off 1.1% at $3.685/mmBtu.(anthony.harrup@wsj.com)
(END) Dow Jones Newswires
February 18, 2025 08:57 ET (13:57 GMT)
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