0939 ET - U.S. natural gas futures are lower after rising the previous two weeks on longer-term expectations for a tighter market. Near-term bearish factors are piling up with weak weather-related demand, LNG maintenance, higher production and rising storage, Eli Rubin of EBW Analytics says in a note. But "bullish momentum has appeared indefatigable," with the argument that mid-summer conditions will tighten rapidly as LNG booms and production stagnates still intact, he adds. Nymex natural gas is down 4.1% at $3.628/mmBtu. (anthony.harrup@wsj.com)
(END) Dow Jones Newswires
June 09, 2025 09:39 ET (13:39 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.