• Robust liquefied natural gas volumes boosted sentiment
  • Chilly weather drove stronger heating demand
  • Cash prices climbed as temperatures fell

Natural gas futures advanced again Tuesday as robust liquefied natural gas (LNG) levels fueled demand optimism and a dose of chilly weather bolstered cash prices. 


The May Nymex contract climbed 5.8 cents day/day and settled at $2.619/MMBtu – the fifth straight day of gains. June rose 5.3 cents to $2.696.

NGI’s Spot Gas National Avg. advanced 8.5 cents to $2.465.

LNG feed gas volumes hovered close to 2021 highs and well above 11 Bcf on Tuesday, NGI data showed, reflecting ongoing demand from both Asia and Europe for U.S. exports of the super-chilled fuel. With stocks low in Europe and the summer cooling season on the horizon,...