U.S. natural gas futures remain flat as traders await the Energy Information Administration's weekly storage report. The EIA is expected to show an above-average injection into storage, a development that typically pressures prices due to increased supply. Weak weather-driven demand also contributes to the bearish outlook. However, strong LNG feedgas demand and potential Middle East supply disruptions offer some support, according to Dennis Kissler of BOK Financial.

The May contract trades up just 0.1% at $2.727 per million Btu. This stability hinges on whether the EIA's data confirms the anticipated surplus, a key factor for energy traders and investors monitoring supply dynamics.