Save for later Print Download Share June gas futures fell 8垄 Monday to $3.55 per million Btu. NatGasWeather.com attributed the decline to 鈥渂earish weather patterns the next two weeks that are aiding a lengthy string of plump [storage] builds.鈥� Thursday's weekly storage injection print could reach triple digits, and the following two are likely surpass 100 billion cubic feet, they said. Meanwhile, maintenance on Cameron Interstate Pipeline, which feeds the Cameron LNG plant in Louisiana, has pushed LNG feed gas demand back below 16 Bcf/d. On the financial side, 鈥渟peculators have been steadily reducing long positions for the last eight weeks in a row,鈥� Gelber & Associates said, citing data from the Commodity Futures Trading Commission. 鈥淲ith the broader US market entering a period of relative stability compared to the post-Liberation Day uncertainty, investors are looking towards the CPI inflation report scheduled for May 13 in which tariff-related price increases are expected to materialize.鈥�
