Natural Gas News – March 17, 2025
Natural Gas News – March 17, 2025
Mansfield Market Assessment
Cash at Henry Hub continues to drive the market as people continue to pay up to fill Salt cavern storage in the Gulf region. We are seeing weather begin to normalize across the country. Currently temperatures are right at the 10 year average for most regions, so its impact on the market is peripheral at this point. Coal has captured some power share as well, so the proverbial floor in the natural gas market presently sits right around $3.85.
Futures Rally, But Warm Weather May Cap Momentum
Natural gas futures are trading higher to start the week as traders react to weekend forecast adjustments. The market remains rangebound, with resistance at $4.322 and support at $3.924. A sustained break above $4.322 could trigger an acceleration toward $4.713–$4.901, while failure to hold $3.924 may extend selling pressure toward the 50-day moving average at $3.696. This indicator has guided the market higher since December, making it a key level to watch. At 12:01 GMT, Natural Gas Futures are trading $4.204, up $0.100 or +2.44%.… For more info go to https://tinyurl.com/3rtu73v8
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