April 11, 2018 – Natural Gas Intelligence
Natural Gas Futures Higher Amid Estimates for April Storage Withdrawal
By Jeremiah Shelor
Natural gas futures nosed higher Wednesday ahead of a government storage report expected to show a withdrawal for the first week of the injection season thanks to lingering April cold. Spot prices tumbled in the East amid moderating temperatures and falling demand, while SoCal Citygate eased off recent gains; the NGI National Spot Gas Average dropped 17 cents to $2.51/MMBtu.
The May contract settled at $2.675...