The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Amid a heat wave across the United States, U.S. natural gas futures rose as weather models added more heat to the near-term outlook. According to the Wall Street Journal, these changes lifted expected cooling demand, supporting prices ahead of weekly storage data.
Traders expect the weekly EIA storage report to show a below-average build due to high cooling demand. Continued hot weather forecasts for the coming days also bolstered positive sentiment for the commodity. According to market data, front-month futures rose 1.3% to trade at $2.84 per million British thermal units (close June 25, 2026).
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Sign InAll eyes are now on the weekly EIA storage report due later today; a reading below expectations could trigger further upside. Investors are also watching next week's weather model updates, which will shape near-term price direction. Focus remains on cooling demand data as heat waves persist.