1511 ET - U.S. natural gas futures flit around the $3 mark as mild spring weather keeps a lid on demand while production rises and LNG feedgas flows slip. "It's neither heating nor cooling season and will not be for two to four weeks," Mizuho's Robert Yawger says in a note. "Storage builds got off to a fast start this injection season, and the spec is weighing the possibility that storage will switch back to a surplus to the five-year average in coming weeks." Nymex natural gas settles down 0.3% at $3.007/mmBtu in a fourth straight decline. (anthony.harrup@wsj.com)
(END) Dow Jones Newswires
April 22, 2025 15:11 ET (19:11 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.