Published April 29, 2026 Updated about 2 hours ago By Reuters NEW YORK: US natural gas futures eased on Tuesday on expectations mild weather will allow energy firms to keep injecting more gas than usual into storage in the coming weeks. On its last day as the front-month, gas futures for May delivery on the New York Mercantile Exchange fell 1.4 cents, or 0.5percent, to USD2.536 per million British thermal units (mmBtu). That small price decline, which pushed the contract into technically oversold territory for the second time in three days, came despite a drop in output in recent weeks and near-record liquefied natural gas exports. Futures for June, which will soon be the front-month contract, were unchanged at USD2.72 per mmBtu. In the cash market, some power and gas prices in Texas and California traded in negative territory for a third straight week as mild weather limited heating and cooling demand, which was met by ample amounts of hydro and other renewable energy sources. Financial firm LSEG said average gas output in the US Lower 48 states fell to 110.1 billion cubic feet per day (bcfd) so far in April, down from 110.4 bcfd in March. That compares with a monthly record high of 110.7 bcfd in December 2025. On a daily…