Natural gas slips 0.59% in delayed data while reports point to winter demand

Natural gas fell 0.59% to $3.032 per MMBtu (a standard unit of gas energy) in delayed data (not live). The move is measured against the previous close, the price when trading ended the day before.

The reports differ. One report says natural gas prices in Europe rose to a four-year high as winter approaches. Another says price pressure builds in the United States as weather drivers avoid the Lower 48 (the contiguous states).

One report says storage builds in the United States are seen below average while LNG (liquefied natural gas, gas cooled for shipment) exports reach new highs. Another says LNG buying holds steady in Asia and Europe despite higher prices.

The reports do not say what happens next.