Bearish Storage Builds Send Natural Gas Prices Plummeting

Natural gas prices have seen a significant slump in recent days due to bearish storage builds.

According to NGI's analytics platform, pipeline flow data indicates that natural gas supplies are increasing, leading to lower prices. This is particularly evident in the wake of a recent large storage build.

The NGI Bidweek Product Suite provides first-of-month natural gas pricing, data, and market insights, which shows that prices have dropped in response to the increased supply.