US Natural Gas Prices Ease

2026-04-21 01:28 By Judith Sib-at 1 min. read

US natural gas futures dropped to $2.66 per MMBtu, trimming some of the gains from previous sessions as they tracked a broader decline in energy markets amid hopes for a negotiated end to the Middle East conflict.

US Vice President JD Vance is set to travel to Pakistan for the second round of peace talks, while Iran is expected to send a delegation after earlier expressing hesitation about participating.

Additional pressure came from a persistent storage surplus.

Unseasonably mild spring weather has allowed for strong inventory injections, lifting stockpiles to an estimated 7% above the five-year average for the week ended April 17.

Looking ahead, forecasts for near-normal temperatures through early May are likely to keep demand subdued, while analysts expect storage levels to remain elevated.

Gains in previous sessions had been supported by a drop in output over the past couple of weeks and near-record gas flows to US LNG export plants.



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