0958 ET - U.S. natural gas futures are slightly higher while still struggling to break out of their recent range under $3. Even yesterday's "modestly supportive" report of a 32 Bcf storage build wasn't enough to avoid a small decline in the Nymex front month, Eli Rubin of EBW Analytics says in a note. "While bears beat back the bullish test higher, however, searing heat will return early next week, particularly in Texas, while Corpus Christi LNG feedgas nominations are creeping up." Early August heat could also provide a catalyst to retest the $3/mmBtu level, he adds. Nymex gas is up 0.4% at $2.928/mmBtu.(anthony.harrup@wsj.com)
(END) Dow Jones Newswires
July 24, 2026 09:58 ET (13:58 GMT)
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