Electricity Output

November natural gas futures moved higher Friday after a sharp reversal in the previous session, with Hurricane Isaias limiting bearish momentum. Traders remain focused on key technical levels as warm weather, ample storage expectations and shifting demand signals cap the rebound.

September natural gas futures are holding slightly higher, but price action remains trapped inside the prior session’s range as traders weigh heat-driven demand against stubbornly strong storage. The market’s next direction may hinge on whether buyers can break resistance near $2.840 or whether another bearish storage signal revives downside momentum.

Natural gas futures are leaning on hotter forecasts, but the next EIA storage update may decide whether the rebound has staying power. Traders are watching whether heat-driven demand can offset elevated inventories, strong Lower-48 production and any LNG flow disruption risk.