U.S. Natural Gas: Supply & Demand Weekly Briefing June 11, 2025

Storage injections remain strong amid declining output and steady exports. Power demand rises with early cooling, while mild Midwest weather limits broader consumption gains.

U.S. Natural Gas Supply & Demand Weekly Briefing

This week’s supply conditions pointed to a gradual narrowing of system flexibility. Although production remains structurally high, recent declines have reduced the margin above historical norms. Storage injections proceeded at a robust pace, supported by infrastructure still capable of absorbing excess volumes across regions with available headroom. LNG export flows held steady, though vessel activity reflected ongoing maintenance at key terminals, which continues to delay the alignment between pipeline deliveries and outbound cargoes.