0957 ET - U.S. natural gas futures are higher for a second session after a weekly storage build, while large, came in at the low end of market expectations to put stocks 0.2% above the five-year average. "Supply is tighter than usual this time of year," Phil Flynn of the Price Futures Group says in a note. At this time last year, storage was around 35% above the five-year average. "Rising electricity demand and LNG exports are expected to support the market through summer," Flynn adds. Nymex natural gas is up 1.5% at $3.531/mmBtu. (anthony.harrup@wsj.com)
(END) Dow Jones Newswires
May 02, 2025 09:59 ET (13:59 GMT)
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