Natural gas prices rebound as LNG export demand stays strong, storage report looms
NYMEX March natural gas rose 1.3% to $2.953 per mmBtu as it neared expiry, supported by near-record LNG export flows and a firmer demand outlook. April traded near $2.88. Traders await Thursday’s U.S. storage report, expected to show a shrinking deficit after mild weather. U.S. output remains high, while West Texas spot prices stayed negative due to pipeline constraints.