US natural gas futures edged higher as forecasts predicted colder temperatures across the eastern US, boosting heating demand. Flows to liquefied natural gas (LNG) export terminals on the Gulf Coast also increased, reducing domestic supply and supporting prices. However, gains were tempered by a rebound in production following offshore shut-ins caused by Hurricane Isaias.
The combination of weather-driven demand and rising LNG exports kept the market in focus, though output recovery limited further upside.
Source: Bloomberg Markets · Summarized by HeadlinesBriefing