Source: www.tradingview.com This Week’s Drivers Natural gas markets remained volatile this week as traders balanced supportive storage data against moderate weather-driven demand. The EIA storage report came in largely in line with expectations, but the injection was viewed as bullish relative to both last year’s build and the five-year average, signaling tightening market fundamentals beneath the surface. The expiration of the June NYMEX natural gas contract added another la

Source: IEEFA This Week’s Main Drivers Natural gas markets continued grinding higher this week as improving LNG demand, lower U.S. production, and growing global weather risks helped offset still-comfortable storage levels. The EIA storage report came in at +85 BCF, directly in line with expectations. While neutral versus the five-year average of +84 BCF, the build was notably tighter than last year’s +109 BCF injection, reinforcing the idea that the market is gradually tight

Source: EIA This Week The U.S. natural gas market turned sharply bearish following a strong U.S. Energy Information Administration storage report showing a +103 Bcf injection — well above expectations and the five-year average. Inventories rose to 2,063 Bcf, now ~137 Bcf above normal, reinforcing a loose near-term balance. Canadian production continues to push record highs, adding incremental supply pressure into an already well-supplied North American market. Globally, Wheat