Natural Gas futures hit 8-week high as storage tops 5-year average. 9/3/26

Bob Iaccino analyzes the recent price action in Natural Gas futures, noting the October contract's rally to an eight-week high of $3.026 before pulling back near unchanged. He discusses the latest EIA storage report, which showed a 30 billion cubic foot increase in working gas, putting total inventories at 3,214 billion cubic feet—160 billion cubic feet above the five-year average. Additionally, Iaccino breaks down the weather forecast, highlighting how extreme heat across the Southern and Eastern U.S. is expected to drive strong near-term demand before easing later in the week. Learn more about trading futures and options at CME Group: https://www.cmegroup.com/markets/energy.html #NaturalGas #Futures #EIA