1516 ET - U.S. natural gas futures post their biggest single-day drop in more than three months as a larger-than-expected inventory build is followed by news of maintenance to be carried out at Freeport LNG in Texas. Last week's 61 Bcf storage injection increased the inventory surplus over the five-year average to 185 Bcf from 175 Bcf the week before. "Surpluses are expected to drop towards 150 Bcf or slightly under after the next several EIA reports account for the current hot U.S. pattern," NatGasWeather.com says in a note. "However, as we have seen with today's EIA report, wind generation can significantly alter anticipated build sizes." Nymex natural gas settles down 6.2% at $3.012/mmBtu. (anthony.harrup@wsj.com)
(END) Dow Jones Newswires
July 09, 2026 15:16 ET (19:16 GMT)
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