More operational wobbles at the Freeport LNG terminal and worries of an expected bearish government storage print Thursday triggered another bout of selling in natural gas futures Wednesday.

At A Glance:

  • Freeport LNG Train 3 trips
  • EQT sees curtailments through May
  • Analysts expect above-average build

The May Nymex contract dove around 10.0 cents in the morning as reported slowdown in operations at Freeport raised the prospect of more operational issues at the South Texas facility. 

The prompt-month contract swooned further in the afternoon, to settle down 15.9 cents day/day at $1.653/MMBtu, its lowest close since March 26. The June contract, which takes over as the front month after Friday’s close, shed 11.5 cents to settle at $1.979.

Cash prices also fell Wednesday,...