Updated
Updated · Bloomberg · Jun 26
US Natural Gas Futures Rise Into July Expiry as August Contract Gains on Early-July Heat
Updated
Updated · Bloomberg · Jun 26

US Natural Gas Futures Rise Into July Expiry as August Contract Gains on Early-July Heat

3 articles · Updated · Bloomberg · Jun 26

Summary

  • US natural gas futures climbed on the final trading day for the July contract, with both July and more-active August Henry Hub contracts moving higher.
  • Early-July forecasts still show above-average temperatures, supporting expectations for stronger cooling demand and lifting prices.
  • US Gulf Coast LNG export flows remain elevated, leaving fewer supplies for the domestic market and adding support to the August contract.
  • Thin liquidity near July expiry amplified the impact of individual trades, making price moves more pronounced.

Insights

With record production and storage, is this natural gas price spike a temporary summer bubble?
As US LNG exports hit new records, what does this mean for future domestic energy costs?