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US Natural Gas Futures Drop Amid Mild Weather Forecasts

4/16/2026

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Story summary
  • US natural gas futures fell for the fifth straight session, reversing earlier gains.
  • Traders cited declining oil prices and mixed weather forecasts as factors.
  • Forecasts indicate mild weather for weeks ahead, even after a brief cold shift.
  • Analysts expect a storage surplus to grow relative to the five-year average in the coming weeks.