U.S. Natural Gas Futures Recover Ground -- Market Talk

Dow Jones
26 Feb

15:14 ET - U.S. natural gas futures pick up from the previous day's selloff with strong LNG exports and tight inventories keeping a floor under prices. The recovery was likely helped by some weather models adding heating demand in the overnight and midday outlooks, NatGasWeather.com says in a note. This week's storage report will reflect last week's Arctic weather, increasing the deficit over the five-year average, and the following two draws are likely to widen the gap a little more, "making the background state rather bullish, especially when considering surpluses were over +500 Bcf just over a year ago," the forecaster adds. The March contract settles up 4.5% at $4.174/mmBtu ahead of tomorrow's expiration. (anthony.harrup@wsj.com)

 

(END) Dow Jones Newswires

February 25, 2025 15:14 ET (20:14 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10