May 22, 2026
Weekly Energy News
Marketing Update: Recent market activity has centered around the latest storage data from the US Energy Information Administration (EIA), which reported a 101 Bcf injection into natural gas storage for the week ending May 15. The build exceeded market expectations of 95 Bcf and marked the largest injection since mid-April.
June 2026 NYMEX closed Thursday at $3.018
· High for the day $3.066
· Low for the day $2.988
Early trading for the prompt month is trading at $3.140
· https://www.cmegroup.com/markets/energy/natural-gas/natural-gas.html
· https://www.fxempire.com/commodities/natural-gas
Following the report, NYMEX June natural gas futures briefly fell below $3.00/MMBtu before rebounding later in the trading session to around $3.05/MMBtu. The larger-than-expected storage build was viewed as bearish for prices, especially as inventories continue to trend above historical averages.
Total US natural gas storage now stands at 2.391 Tcf, approximately 149 Bcf, or 6.7%, above the five-year average. However, the surplus compared to last year has narrowed to just 33 Bcf, signaling that storage levels remain relatively balanced versus 2025.
Weather forecasts are also contributing to market pressure, with cooler-than-normal temperatures expected across much of the eastern US during the first half of June. Analysts note that the lack of early summer heat could support another round of strong storage injections in the coming weeks, potentially pushing storage surpluses higher.
Looking ahead, market expectations for next week’s EIA storage report call for another sizable injection near 95 Bcf, roughly in line with seasonal norms.
EIA Storage Report: According to the EIA, working natural gas in storage totaled 2,391 Bcf as of May 15, 2026, reflecting a 101 Bcf increase from the prior week. Storage levels were 33 Bcf higher than the same time last year and 149 Bcf above the five-year average of 2,242 Bcf. Overall inventories remain within the historical five-year range.
Weather: NOAA’s June outlook continues to point toward developing El Niño conditions this summer, with warming Pacific Ocean temperatures expected to strengthen through the summer and fall. Current forecasts show a greater than 70% chance of El Niño developing during the May-June-July period.
The June outlook favors above-normal temperatures across much of the western and southern US, including the Plains and Mississippi Valley. The highest confidence for warmer weather remains in the Pacific Northwest. Meanwhile, parts of the north-central and northeastern US are expected to see more variable conditions.
NOAA also expects wetter-than-normal conditions across portions of the Southwest, Rockies, southern Plains, and Southeast, while drier-than-normal weather is forecast for much of the Pacific Northwest and northern Rockies.
In addition, NOAA recently released its 2026 Atlantic hurricane outlook, calling for a below-normal season due largely to the anticipated development of El Niño, which tends to suppress tropical activity in the Atlantic. Forecasts currently call for 8 to 14 named storms, including 3 to 6 hurricanes.
Despite the quieter forecast, hurricane activity will remain an important factor for the natural gas market, particularly along the Gulf Coast, where storms can disrupt production and LNG operations.
Market Data:
May 22, 2026
Weekly Energy News
May 22, 2026
Marketing Update: Recent market activity has centered around the latest storage data from the US Energy Information Administration (EIA), which reported a 101 Bcf injection into natural gas storage for the week ending May 15. The build exceeded market expectations of 95 Bcf and marked the largest injection since mid-April.
June 2026 NYMEX closed Thursday at $3.018
· High for the day $3.066
· Low for the day $2.988
Early trading for the prompt month is trading at $3.140
· https://www.cmegroup.com/markets/energy/natural-gas/natural-gas.html
· https://www.fxempire.com/commodities/natural-gas
Following the report, NYMEX June natural gas futures briefly fell below $3.00/MMBtu before rebounding later in the trading session to around $3.05/MMBtu. The larger-than-expected storage build was viewed as bearish for prices, especially as inventories continue to trend above historical averages.
Total US natural gas storage now stands at 2.391 Tcf, approximately 149 Bcf, or 6.7%, above the five-year average. However, the surplus compared to last year has narrowed to just 33 Bcf, signaling that storage levels remain relatively balanced versus 2025.
Weather forecasts are also contributing to market pressure, with cooler-than-normal temperatures expected across much of the eastern US during the first half of June. Analysts note that the lack of early summer heat could support another round of strong storage injections in the coming weeks, potentially pushing storage surpluses higher.
Looking ahead, market expectations for next week’s EIA storage report call for another sizable injection near 95 Bcf, roughly in line with seasonal norms.
EIA Storage Report: According to the EIA, working natural gas in storage totaled 2,391 Bcf as of May 15, 2026, reflecting a 101 Bcf increase from the prior week. Storage levels were 33 Bcf higher than the same time last year and 149 Bcf above the five-year average of 2,242 Bcf. Overall inventories remain within the historical five-year range.
Weather: NOAA’s June outlook continues to point toward developing El Niño conditions this summer, with warming Pacific Ocean temperatures expected to strengthen through the summer and fall. Current forecasts show a greater than 70% chance of El Niño developing during the May-June-July period.
The June outlook favors above-normal temperatures across much of the western and southern US, including the Plains and Mississippi Valley. The highest confidence for warmer weather remains in the Pacific Northwest. Meanwhile, parts of the north-central and northeastern US are expected to see more variable conditions.
NOAA also expects wetter-than-normal conditions across portions of the Southwest, Rockies, southern Plains, and Southeast, while drier-than-normal weather is forecast for much of the Pacific Northwest and northern Rockies.
In addition, NOAA recently released its 2026 Atlantic hurricane outlook, calling for a below-normal season due largely to the anticipated development of El Niño, which tends to suppress tropical activity in the Atlantic. Forecasts currently call for 8 to 14 named storms, including 3 to 6 hurricanes.
Despite the quieter forecast, hurricane activity will remain an important factor for the natural gas market, particularly along the Gulf Coast, where storms can disrupt production and LNG operations.
Market Data:
May 22, 2026
May 22, 2026
Weekly Energy News
Marketing Update: Recent market activity has centered around the latest storage data from the US Energy Information Administration (EIA), which reported a 101 Bcf injection into natural gas storage for the week ending May 15. The build exceeded market expectations of 95 Bcf and marked the largest injection since mid-April.
June 2026 NYMEX closed Thursday at $3.018
· High for the day $3.066
· Low for the day $2.988
Early trading for the prompt month is trading at $3.140
· https://www.cmegroup.com/markets/energy/natural-gas/natural-gas.html
· https://www.fxempire.com/commodities/natural-gas
Following the report, NYMEX June natural gas futures briefly fell below $3.00/MMBtu before rebounding later in the trading session to around $3.05/MMBtu. The larger-than-expected storage build was viewed as bearish for prices, especially as inventories continue to trend above historical averages.
Total US natural gas storage now stands at 2.391 Tcf, approximately 149 Bcf, or 6.7%, above the five-year average. However, the surplus compared to last year has narrowed to just 33 Bcf, signaling that storage levels remain relatively balanced versus 2025.
Weather forecasts are also contributing to market pressure, with cooler-than-normal temperatures expected across much of the eastern US during the first half of June. Analysts note that the lack of early summer heat could support another round of strong storage injections in the coming weeks, potentially pushing storage surpluses higher.
Looking ahead, market expectations for next week’s EIA storage report call for another sizable injection near 95 Bcf, roughly in line with seasonal norms.
EIA Storage Report: According to the EIA, working natural gas in storage totaled 2,391 Bcf as of May 15, 2026, reflecting a 101 Bcf increase from the prior week. Storage levels were 33 Bcf higher than the same time last year and 149 Bcf above the five-year average of 2,242 Bcf. Overall inventories remain within the historical five-year range.
Weather: NOAA’s June outlook continues to point toward developing El Niño conditions this summer, with warming Pacific Ocean temperatures expected to strengthen through the summer and fall. Current forecasts show a greater than 70% chance of El Niño developing during the May-June-July period.
The June outlook favors above-normal temperatures across much of the western and southern US, including the Plains and Mississippi Valley. The highest confidence for warmer weather remains in the Pacific Northwest. Meanwhile, parts of the north-central and northeastern US are expected to see more variable conditions.
NOAA also expects wetter-than-normal conditions across portions of the Southwest, Rockies, southern Plains, and Southeast, while drier-than-normal weather is forecast for much of the Pacific Northwest and northern Rockies.
In addition, NOAA recently released its 2026 Atlantic hurricane outlook, calling for a below-normal season due largely to the anticipated development of El Niño, which tends to suppress tropical activity in the Atlantic. Forecasts currently call for 8 to 14 named storms, including 3 to 6 hurricanes.
Despite the quieter forecast, hurricane activity will remain an important factor for the natural gas market, particularly along the Gulf Coast, where storms can disrupt production and LNG operations.
May 22, 2026
Weekly Energy News
Marketing Update: Recent market activity has centered around the latest storage data from the US Energy Information Administration (EIA), which reported a 101 Bcf injection into natural gas storage for the week ending May 15. The build exceeded market expectations of 95 Bcf and marked the largest injection since mid-April.
June 2026 NYMEX closed Thursday at $3.018
· High for the day $3.066
· Low for the day $2.988
Early trading for the prompt month is trading at $3.140
· https://www.cmegroup.com/markets/energy/natural-gas/natural-gas.html
· https://www.fxempire.com/commodities/natural-gas
Following the report, NYMEX June natural gas futures briefly fell below $3.00/MMBtu before rebounding later in the trading session to around $3.05/MMBtu. The larger-than-expected storage build was viewed as bearish for prices, especially as inventories continue to trend above historical averages.
Total US natural gas storage now stands at 2.391 Tcf, approximately 149 Bcf, or 6.7%, above the five-year average. However, the surplus compared to last year has narrowed to just 33 Bcf, signaling that storage levels remain relatively balanced versus 2025.
Weather forecasts are also contributing to market pressure, with cooler-than-normal temperatures expected across much of the eastern US during the first half of June. Analysts note that the lack of early summer heat could support another round of strong storage injections in the coming weeks, potentially pushing storage surpluses higher.
Looking ahead, market expectations for next week’s EIA storage report call for another sizable injection near 95 Bcf, roughly in line with seasonal norms.
EIA Storage Report: According to the EIA, working natural gas in storage totaled 2,391 Bcf as of May 15, 2026, reflecting a 101 Bcf increase from the prior week. Storage levels were 33 Bcf higher than the same time last year and 149 Bcf above the five-year average of 2,242 Bcf. Overall inventories remain within the historical five-year range.
Weather: NOAA’s June outlook continues to point toward developing El Niño conditions this summer, with warming Pacific Ocean temperatures expected to strengthen through the summer and fall. Current forecasts show a greater than 70% chance of El Niño developing during the May-June-July period.
The June outlook favors above-normal temperatures across much of the western and southern US, including the Plains and Mississippi Valley. The highest confidence for warmer weather remains in the Pacific Northwest. Meanwhile, parts of the north-central and northeastern US are expected to see more variable conditions.
NOAA also expects wetter-than-normal conditions across portions of the Southwest, Rockies, southern Plains, and Southeast, while drier-than-normal weather is forecast for much of the Pacific Northwest and northern Rockies.
In addition, NOAA recently released its 2026 Atlantic hurricane outlook, calling for a below-normal season due largely to the anticipated development of El Niño, which tends to suppress tropical activity in the Atlantic. Forecasts currently call for 8 to 14 named storms, including 3 to 6 hurricanes.
Despite the quieter forecast, hurricane activity will remain an important factor for the natural gas market, particularly along the Gulf Coast, where storms can disrupt production and LNG operations.
May 22, 2026
Weekly Energy News
Marketing Update: Recent market activity has centered around the latest storage data from the US Energy Information Administration (EIA), which reported a 101 Bcf injection into natural gas storage for the week ending May 15. The build exceeded market expectations of 95 Bcf and marked the largest injection since mid-April.
June 2026 NYMEX closed Thursday at $3.018
· High for the day $3.066
· Low for the day $2.988
Early trading for the prompt month is trading at $3.140
· https://www.cmegroup.com/markets/energy/natural-gas/natural-gas.html
· https://www.fxempire.com/commodities/natural-gas
Following the report, NYMEX June natural gas futures briefly fell below $3.00/MMBtu before rebounding later in the trading session to around $3.05/MMBtu. The larger-than-expected storage build was viewed as bearish for prices, especially as inventories continue to trend above historical averages.
Total US natural gas storage now stands at 2.391 Tcf, approximately 149 Bcf, or 6.7%, above the five-year average. However, the surplus compared to last year has narrowed to just 33 Bcf, signaling that storage levels remain relatively balanced versus 2025.
Weather forecasts are also contributing to market pressure, with cooler-than-normal temperatures expected across much of the eastern US during the first half of June. Analysts note that the lack of early summer heat could support another round of strong storage injections in the coming weeks, potentially pushing storage surpluses higher.
Looking ahead, market expectations for next week’s EIA storage report call for another sizable injection near 95 Bcf, roughly in line with seasonal norms.
EIA Storage Report: According to the EIA, working natural gas in storage totaled 2,391 Bcf as of May 15, 2026, reflecting a 101 Bcf increase from the prior week. Storage levels were 33 Bcf higher than the same time last year and 149 Bcf above the five-year average of 2,242 Bcf. Overall inventories remain within the historical five-year range.
Weather: NOAA’s June outlook continues to point toward developing El Niño conditions this summer, with warming Pacific Ocean temperatures expected to strengthen through the summer and fall. Current forecasts show a greater than 70% chance of El Niño developing during the May-June-July period.
The June outlook favors above-normal temperatures across much of the western and southern US, including the Plains and Mississippi Valley. The highest confidence for warmer weather remains in the Pacific Northwest. Meanwhile, parts of the north-central and northeastern US are expected to see more variable conditions.
NOAA also expects wetter-than-normal conditions across portions of the Southwest, Rockies, southern Plains, and Southeast, while drier-than-normal weather is forecast for much of the Pacific Northwest and northern Rockies.
In addition, NOAA recently released its 2026 Atlantic hurricane outlook, calling for a below-normal season due largely to the anticipated development of El Niño, which tends to suppress tropical activity in the Atlantic. Forecasts currently call for 8 to 14 named storms, including 3 to 6 hurricanes.
Despite the quieter forecast, hurricane activity will remain an important factor for the natural gas market, particularly along the Gulf Coast, where storms can disrupt production and LNG operations.
May 22, 2026
Marketing Update: Recent market activity has centered around the latest storage data from the US Energy Information Administration (EIA), which reported a 101 Bcf injection into natural gas storage for the week ending May 15. The build exceeded market expectations of 95 Bcf and marked the largest injection since mid-April.
June 2026 NYMEX closed Thursday at $3.018
· High for the day $3.066
· Low for the day $2.988
Early trading for the prompt month is trading at $3.140
· https://www.cmegroup.com/markets/energy/natural-gas/natural-gas.html
· https://www.fxempire.com/commodities/natural-gas
Following the report, NYMEX June natural gas futures briefly fell below $3.00/MMBtu before rebounding later in the trading session to around $3.05/MMBtu. The larger-than-expected storage build was viewed as bearish for prices, especially as inventories continue to trend above historical averages.
Total US natural gas storage now stands at 2.391 Tcf, approximately 149 Bcf, or 6.7%, above the five-year average. However, the surplus compared to last year has narrowed to just 33 Bcf, signaling that storage levels remain relatively balanced versus 2025.
Weather forecasts are also contributing to market pressure, with cooler-than-normal temperatures expected across much of the eastern US during the first half of June. Analysts note that the lack of early summer heat could support another round of strong storage injections in the coming weeks, potentially pushing storage surpluses higher.
Looking ahead, market expectations for next week’s EIA storage report call for another sizable injection near 95 Bcf, roughly in line with seasonal norms.
EIA Storage Report: According to the EIA, working natural gas in storage totaled 2,391 Bcf as of May 15, 2026, reflecting a 101 Bcf increase from the prior week. Storage levels were 33 Bcf higher than the same time last year and 149 Bcf above the five-year average of 2,242 Bcf. Overall inventories remain within the historical five-year range.
Weather: NOAA’s June outlook continues to point toward developing El Niño conditions this summer, with warming Pacific Ocean temperatures expected to strengthen through the summer and fall. Current forecasts show a greater than 70% chance of El Niño developing during the May-June-July period.
The June outlook favors above-normal temperatures across much of the western and southern US, including the Plains and Mississippi Valley. The highest confidence for warmer weather remains in the Pacific Northwest. Meanwhile, parts of the north-central and northeastern US are expected to see more variable conditions.
NOAA also expects wetter-than-normal conditions across portions of the Southwest, Rockies, southern Plains, and Southeast, while drier-than-normal weather is forecast for much of the Pacific Northwest and northern Rockies.
In addition, NOAA recently released its 2026 Atlantic hurricane outlook, calling for a below-normal season due largely to the anticipated development of El Niño, which tends to suppress tropical activity in the Atlantic. Forecasts currently call for 8 to 14 named storms, including 3 to 6 hurricanes.
Despite the quieter forecast, hurricane activity will remain an important factor for the natural gas market, particularly along the Gulf Coast, where storms can disrupt production and LNG operations.
May 22, 2026
Weekly Energy News
Marketing Update: Recent market activity has centered around the latest storage data from the US Energy Information Administration (EIA), which reported a 101 Bcf injection into natural gas storage for the week ending May 15. The build exceeded market expectations of 95 Bcf and marked the largest injection since mid-April.
June 2026 NYMEX closed Thursday at $3.018
· High for the day $3.066
· Low for the day $2.988
Early trading for the prompt month is trading at $3.140
· https://www.cmegroup.com/markets/energy/natural-gas/natural-gas.html
· https://www.fxempire.com/commodities/natural-gas
Following the report, NYMEX June natural gas futures briefly fell below $3.00/MMBtu before rebounding later in the trading session to around $3.05/MMBtu. The larger-than-expected storage build was viewed as bearish for prices, especially as inventories continue to trend above historical averages.
Total US natural gas storage now stands at 2.391 Tcf, approximately 149 Bcf, or 6.7%, above the five-year average. However, the surplus compared to last year has narrowed to just 33 Bcf, signaling that storage levels remain relatively balanced versus 2025.
Weather forecasts are also contributing to market pressure, with cooler-than-normal temperatures expected across much of the eastern US during the first half of June. Analysts note that the lack of early summer heat could support another round of strong storage injections in the coming weeks, potentially pushing storage surpluses higher.
Looking ahead, market expectations for next week’s EIA storage report call for another sizable injection near 95 Bcf, roughly in line with seasonal norms.
EIA Storage Report: According to the EIA, working natural gas in storage totaled 2,391 Bcf as of May 15, 2026, reflecting a 101 Bcf increase from the prior week. Storage levels were 33 Bcf higher than the same time last year and 149 Bcf above the five-year average of 2,242 Bcf. Overall inventories remain within the historical five-year range.
Weather: NOAA’s June outlook continues to point toward developing El Niño conditions this summer, with warming Pacific Ocean temperatures expected to strengthen through the summer and fall. Current forecasts show a greater than 70% chance of El Niño developing during the May-June-July period.
The June outlook favors above-normal temperatures across much of the western and southern US, including the Plains and Mississippi Valley. The highest confidence for warmer weather remains in the Pacific Northwest. Meanwhile, parts of the north-central and northeastern US are expected to see more variable conditions.
NOAA also expects wetter-than-normal conditions across portions of the Southwest, Rockies, southern Plains, and Southeast, while drier-than-normal weather is forecast for much of the Pacific Northwest and northern Rockies.
In addition, NOAA recently released its 2026 Atlantic hurricane outlook, calling for a below-normal season due largely to the anticipated development of El Niño, which tends to suppress tropical activity in the Atlantic. Forecasts currently call for 8 to 14 named storms, including 3 to 6 hurricanes.
Despite the quieter forecast, hurricane activity will remain an important factor for the natural gas market, particularly along the Gulf Coast, where storms can disrupt production and LNG operations.
May 22, 2026
Weekly Energy News
Marketing Update: Recent market activity has centered around the latest storage data from the US Energy Information Administration (EIA), which reported a 101 Bcf injection into natural gas storage for the week ending May 15. The build exceeded market expectations of 95 Bcf and marked the largest injection since mid-April.
June 2026 NYMEX closed Thursday at $3.018
· High for the day $3.066
· Low for the day $2.988
Early trading for the prompt month is trading at $3.140
· https://www.cmegroup.com/markets/energy/natural-gas/natural-gas.html
· https://www.fxempire.com/commodities/natural-gas
Following the report, NYMEX June natural gas futures briefly fell below $3.00/MMBtu before rebounding later in the trading session to around $3.05/MMBtu. The larger-than-expected storage build was viewed as bearish for prices, especially as inventories continue to trend above historical averages.
Total US natural gas storage now stands at 2.391 Tcf, approximately 149 Bcf, or 6.7%, above the five-year average. However, the surplus compared to last year has narrowed to just 33 Bcf, signaling that storage levels remain relatively balanced versus 2025.
Weather forecasts are also contributing to market pressure, with cooler-than-normal temperatures expected across much of the eastern US during the first half of June. Analysts note that the lack of early summer heat could support another round of strong storage injections in the coming weeks, potentially pushing storage surpluses higher.
Looking ahead, market expectations for next week’s EIA storage report call for another sizable injection near 95 Bcf, roughly in line with seasonal norms.
EIA Storage Report: According to the EIA, working natural gas in storage totaled 2,391 Bcf as of May 15, 2026, reflecting a 101 Bcf increase from the prior week. Storage levels were 33 Bcf higher than the same time last year and 149 Bcf above the five-year average of 2,242 Bcf. Overall inventories remain within the historical five-year range.
Weather: NOAA’s June outlook continues to point toward developing El Niño conditions this summer, with warming Pacific Ocean temperatures expected to strengthen through the summer and fall. Current forecasts show a greater than 70% chance of El Niño developing during the May-June-July period.
The June outlook favors above-normal temperatures across much of the western and southern US, including the Plains and Mississippi Valley. The highest confidence for warmer weather remains in the Pacific Northwest. Meanwhile, parts of the north-central and northeastern US are expected to see more variable conditions.
NOAA also expects wetter-than-normal conditions across portions of the Southwest, Rockies, southern Plains, and Southeast, while drier-than-normal weather is forecast for much of the Pacific Northwest and northern Rockies.
In addition, NOAA recently released its 2026 Atlantic hurricane outlook, calling for a below-normal season due largely to the anticipated development of El Niño, which tends to suppress tropical activity in the Atlantic. Forecasts currently call for 8 to 14 named storms, including 3 to 6 hurricanes.
Despite the quieter forecast, hurricane activity will remain an important factor for the natural gas market, particularly along the Gulf Coast, where storms can disrupt production and LNG operations.
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