• BREAKING: U.S. EIA reports a paltry withdrawal of 98 Bcf from natural gas storage for the week ended Feb. 26
  • Diminished near-term weather demand dragged spot gas prices lower across parts of the Lower 48 Wednesday

Natural gas futures failed to find footing on Wednesday, seesawing between small gains and losses throughout the session before ultimately ticking down amid mild temperatures across the country and a dearth of new price catalysts.

EIA storage feb 26

The April Nymex contract settled at $2.816/MMBtu, down 2.3 cents day/day and snapped a two-day win streak to start the trading week. May fell 2.6 cents to $2.849.

Diminished near-term weather demand also dragged spot gas prices lower across parts of the Lower 48 Wednesday. NGI’s Spot Gas National Avg., however, advanced 33.0 cents to...