U.S. natural gas futures slip ahead of EIA storage data
U.S. natural gas futures gave up early gains and settled lower, with forecasts for cooler weather later in the month expected to reduce power-sector demand. Traders are looking to Thursday’s EIA inventory report for signs of a below-normal storage build.
S. natural gas futures erased early gains and settled lower as current heat is expected to ease into cooler weather later this month, which could curb power-sector demand. The EIA inventory report due Thursday is expected to show a below-normal storage build for last week, narrowing the surplus.