US natgas stocks rise on higher demand forecasts, rising oil futures
BUZZ-US natgas stocks rise on higher demand forecasts, rising oil futures ** Shares of U.S. natural gas companies rise, tracking an uptick in natgas futures NGA/
** Front-month gas futures for August delivery NGc1 on the New York Mercantile Exchange up 1.8% at $2.916 per million British thermal units
** U.S. natgas futures rise supported by robust summer cooling demand and a rally in oil prices, as investors await the U.S. Energy Information Administration's weekly gas storage report due Thursday
** CNX Resources CNX.N up 3.6%, EQT Corp EQT.N gains 7.6%, Energy Transfer ET.N jumps 1.2% and Venture Global VG.N adds 3.5%
** Williams Companies WMB.N rise 1.7%, NextDecade NEXT.O adds 2% and Sempra SRE.N advances 2.5%
** Natgas ETFs also rise, with United States Natural Gas Fund UNG.P up 1.2% and ProShares Ultra Bloomberg Natural Gas BOIL.P up 2.6%
(Reporting by Pooja Menon in Bengaluru)
Recent news on Sempra
See all newsHigh gas prices could make US LNG uncompetitive, says Fulcrum LNG chief (updated)
Analysis: Alternative capital powers America's next wave of LNG and pipeline projects
EQT sees higher 2026 US natgas output on lower spending, CEO says
US, China discuss cutting tariffs on US LNG ahead of Xi visit
US natgas prices hold steady after smaller-than-expected build (updated)