After three straight weeks of gains, natural gas futures turned lower as demand falls off and production moves toward record highs. Storage inventories remain a major underlying concern, with stocks at a growing deficit to last year and the five-year average, but demand is falling as the shoulder season approaches, which is weighing on near-term market sentiment.
Listen to this episode with a 7-day free trial
Subscribe to The Energy Buyer's Guide to listen to this post and get 7 days of free access to the full post archives.