Natural Gas Market Note | 04.30.2026
NYMEX natural gas futures end higher after an inline storage build.
NYMEX natural gas futures prices ended higher across the curve today with contracts for delivery from June 2026 to October 2029 posting gains. The largest daily changes were seen on the front of the curve, with the June 2026 contract gaining $0.12 per MMBtu to settle at $2.77. Aside from June 2026, the May 2027 contract is the only other delivery month trading below $3.00 per MMBtu as of today’s settlement.
Futures began the day trading lower, with the June - November 2026 contracts trading to fresh, multi-month lows around 8:00am Eastern before beginning to trend higher. Today’s natural gas storage report provided additional support to pricing as the EIA reported a 79-Bcf addition into underground storage, which was in line with pre-report estimates but well-below last week’s 103-Bcf injection.
Near-term weather forecasts continue to point to colder-than-normal temperatures across the eastern half of the U.S. in the coming weeks. This colder pattern will have less of an impact on natural gas demand for heating as the calendar progresses and normal temperatures continue to climb into May.
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