{
  "id": 5508167,
  "title": "Nat-Gas Prices Rise on Hotter US Weather and Expectations of Smaller Storage",
  "url": "https://urgent.news/2026/09/02/nat-gas-prices-rise-on-hotter-us-weather-and-expectations-of-smaller",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-02T19:13:47.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/energy/articles/nat-gas-prices-rise-hotter-191347980.html"
  },
  "original_language": "en",
  "account": "On Wednesday, October's Nymex natural gas (NGV26) closed at a higher price as hotter US weather was expected to increase nat-gas demand from electricity providers due to rising air-conditioning usage. Forecaster Vaisala reported that temperatures had been warmer across the Midwest and East during September 7-11, and grew warmer in the Midwest from September 12-16. Hotter-than-normal weather in the Northern Hemisphere this fall and winter could reduce nat-gas heating demand, posing a bearish medium-term factor.\n\nExpectations of a smaller seasonal build in US nat-gas storage also contributed to the price rise. The consensus anticipates US nat-gas inventories to have increased by 32 bcf (billion cubic feet) for the week ended August 28, lower than the five-year average of 37 bcf. This expectation was supported by the weekly EIA report showing a 15 bcf increase in US nat-gas inventories for the week ended August 21, which was in line with expectations but below the 5-year weekly average of 33 bcf.\n\nAs of August 21, US nat-gas inventories were down 1.0% year-over-year and 5.5% above their 5-year seasonal average, indicating sufficient supply. Meanwhile, Europe's nat-gas storage was at 65% capacity, compared to the 5-year seasonal average of 82% for this time of year. Baker Hughes reported that the number of active US nat-gas drilling rigs rose by 5 to 132 rigs in the week ended August 28, near the 3-year high of 134 rigs set in February 2026.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}