Back to News
Market Impact: 0.35

Nat-Gas Prices Retreat as US Storage Levels Build

Energy Markets & PricesEconomic DataCommodity Futures

August Nymex natural gas (NGQ26) closed down -0.75% to a 2-week low after weekly US EIA storage rose +87 bcf in the week ended June, exceeding expectations. The larger-than-expected inventory build pressured prices, driving a modest bearish move into the close.

Analysis

August Nymex natural gas (NGQ26) closed down -0.75% to a 2-week low after weekly US EIA storage rose +87 bcf in the week ended June, exceeding expectations. The larger-than-expected inventory build pressured prices, driving a modest bearish move into the close.

AllMind AI Terminal

AI-powered research, real-time alerts, and portfolio analytics for institutional investors.

Request Demo

Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25

Ticker Sentiment

NGS0.00

More News