15:24 ET - U.S. natural gas futures edge up in rangebound trading with strong power-sector demand to meet air conditioning needs offset by adequate supply. The EIA said it expects natural gas consumption for power generation to set a record next year on rising electricity demand, expansion of the gas-fired generating fleet and relatively low natural gas prices. "Average consumption in the sector rises by 2% in 2026 and by another 4% in 2027 to 38.1 billion cubic feet per day," the agency says in its latest outlook. That includes a projected monthly record of 50.6 Bcf/d in July of next year. Nymex natural gas settles up 0.6% at $3.265/mmBtu. (anthony.harrup@wsj.com)
(END) Dow Jones Newswires
July 07, 2026 15:24 ET (19:24 GMT)
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