Natural Gas futures fell for a third straight session.

Natural Gas futures have dropped for three straight sessions, falling 16.85% from the October 8th high and filling the gap between September 25th and 26th. The EIA report confirmed a storage build of +80 Bcf, aligning with market expectations and increasing total supplies to 3,721 Bcf. Supplies are now 26 Bcf higher than at this time last year. The near-term outlook suggests light to moderate domestic demand over the next seven days, as weather systems bring rain and snow to mountains, dropping temperatures and moving across the Great Lakes and Northeast.