Natural Gas Goes Into ‘Meltdown Mode’ as Freeport LNG Blip, June Expiry Whipsaw Futures

June Nymex natural gas futures tumbled Wednesday as expiration day volatility, a potential Freeport LNG outage and a large storage injection looming combined to sharply reverse early price gains.

Graph and two charts showing Natural Gas Intelligence's (NGI) natural gas storage snapshot including market consensus estimates for inventory. Expand

At A Glance:

  • June Nymex tumbles on last day
  • Seasonally in-line build expected
  • Cash gains for second day

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