Natural Gas News – February 21, 2025
Natural Gas News – February 21, 2025
Market Braces for Volatility as Weather Shifts Impact Forecast
EIA reports a 196 bcf inventory draw, exceeding forecasts and highlighting supply tightness. Trump’s LNG export policy shift may boost U.S. natural gas demand and support higher prices. Natural gas futures rise as traders monitor $4.034 support and $4.476 resistance for market direction. Warmer weather forecasts trigger sell-off, but tight supply keeps natural gas prices resilient. Cautiously bullish outlook for natural gas, but volatility likely with shifting weather patterns. U.S. natural gas futures posted modest gains early Friday, showing resilience despite Thursday’s bearish technical pattern. After reaching a 2-year high, March natural gas futures dropped 2.99% to settle at $4.152, as warmer weather forecasts prompted long liquidation. Traders are now eyeing key technical levels, with a trade through $4.034… https://tinyurl.com/ytrxvwt5
Market Faces Volatility: Prices Slip After Five-Day Rally
Germany’s year-ahead power futures prices fell this week to the lowest level since the beginning of the year amid falling European natural gas prices as talks on a peace deal in Ukraine began. In
recent months, Germany has become more dependent on fossil fuel powered generation amid low wind speeds that have curbed wind power output. The U.S.-Russia negotiations on a peace agreement in Ukraine, which began on Tuesday in Saudi Arabia, have been depressing Europe’s benchmark gas prices. Dutch TTF Natural Gas Futures, the benchmark for Europe’s gas trading, have fallen in recent days, amid speculation of possible sanctions relief for Russia if negotiations are successful. The German power futures for 2026 delivery have slumped by 14% since early last week, per data from European Energy… For more info go to https://tinyurl.com/2p9hptee
This article is part of Daily Natural Gas Newsletter
Tagged:
MARKET CONDITION REPORT - DISCLAIMER
The information contained herein is derived from sources believed to be reliable; however, this information is not guaranteed as to its accuracy or completeness. Furthermore, no responsibility is assumed for use of this material and no express or implied warranties or guarantees are made. This material and any view or comment expressed herein are provided for informational purposes only and should not be construed in any way as an inducement or recommendation to buy or sell products, commodity futures or options contracts.
