Weather Models

Natural gas futures found support from short covering as Texas and the Plains kept cooling demand alive. The broader setup remains pressured by strong production, cooler conditions across key regions and storage levels that continue to reassure sellers.

Natural gas prices enter a pivotal stretch with above-normal heat still supporting power burn across the central and eastern United States. Yet fading late-July temperature forecasts, storage concerns and El Niño-linked winter expectations continue to keep downside risks in focus.