Natural Gas Sep '26 (NGU26)
Natural Gas Futures Market News and Commentary
August Nymex natural gas (NGQ26) on Tuesday closed up +0.005 (+0.17%).
Nat-gas prices on Tuesday settled slightly higher, consolidating above last Thursday’s 2.25-month low. Prices are under pressure amid concern that Tropical Storm Bertha could disrupt liquefied natural gas (LNG) export facilities on the US Gulf Coast over the next several days, leading to reduced nat-gas exports and larger domestic supplies.Â
Forecasts of cooler US weather, which could curb nat-gas demand from electricity suppliers to power air-conditioning, are also bearish for nat-gas prices. The Commodity Weather Group on Tuesday said that weather forecasts shifted slightly cooler, with below-average temperatures expected in the Northeast through July 30.
A bearish factor for nat-gas prices in the medium term is speculation that a powerful El Niño weather system will bring warmer-than-normal temperatures to the Northern Hemisphere this fall and winter, reducing nat-gas heating demand.Â
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