Gas Futures Find Brief Reprieve from Four-Day Losing Streak

Natural gas futures took a breather on Wednesday morning after four consecutive losing sessions, finding some support in their technical charts.

Despite forecasts remaining bullish for natural gas demand and production, sentiment was weighed down by weakness in liquefied natural gas (LNG) markets.

The August natural gas futures contracts had been on a four-day losing streak prior to the brief respite. The market remains focused on the ongoing struggles of LNG exports, which have contributed to the bearish sentiment.