US Natural Gas Futures Slide Ahead of Weekly Storage Data
Nymex natural gas settled down 2.6% at $3.198/mmBtu as output recovered, with traders awaiting the EIA weekly storage report due Thursday.
- published
- in the api
- on the website
on the website stories appear 15 minutes after publication, in the api at once. connect the api →
what happened
Nymex natural gas futures gave back most of yesterday's gains and settled 2.6% lower at $3.198/mmBtu. Attention has shifted to the Energy Information Administration's weekly inventory report, due Thursday, while a recovery in production adds pressure on prices.
A Wall Street Journal survey of analysts expects a storage injection of 75 Bcf. That is below the five-year average and would shrink the surplus to 53 Bcf from 68 Bcf a week earlier.
Gelber & Associates, in a research note, points to support from steady LNG exports and higher gas burn for power generation as solar and wind output weakens. Colder weather over the weekend should boost heating demand, but the same cooldown reduces cooling needs farther south, leaving the national demand outlook mixed.
why it matters
A smaller expected injection and mixed demand signals make storage data the key driver for gas prices until the EIA report is published.
tags
instruments
sources
- U.S. Natural Gas Futures Fall Ahead of Weekly Storage Data — Market Talk — Newsmetry API, 14 October 2026 at 19:38 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
on the website stories appear 15 minutes after publication, in the api at once.
get stories in real time ↗