🔴 Natural Gas slides 3.3% today on rising inventory builds

Natural Gas is trading at $3.10 (3.3% down).

• Natural gas prices are declining today amidst forecasts for a larger-than-usual weekly build in U.S. inventories, indicating comfortable supply conditions.
• This downturn occurs even as Middle East geopolitical tensions remain elevated following recent attacks on LNG tankers in the Strait of Hormuz, which had previously supported prices.