Natural Gas Moves Lower as EIA Reports Record-High Production

Dow Jones
53 mins ago

1003 ET - Natural gas is down 0.3%, retreating under the $3 per-mmBtu mark after the EIA reported that in July, U.S. natural gas production reached a record high. The agency says that July production landed at 137 billion cubic feet a day, continuing the gradual and stable run-up in natural gas production seen since 2010. This new record replaces the record set after 5 months of new record-highs in 2025, says the EIA. Mild weather has been a factor pressing on natural gas futures today, with electrical power demand seen as limited.

 

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10