Natural Gas News – April 1, 2025
Natural Gas News – April 1, 2025
Mansfield Market Assessment
The market is up today on the heels of revised colder weather forecasts. We expect most of the new demand driving this increase will come in the Midwest and Midcons regions, where we have now transitioned to injection season. As mentioned, many in the industry have officially started injection season, so the market is going to have to balance the new weather demand and the injection demand. Though we are still monitoring closely, it feels like we may have hit a bottom in the market at this time.
Bullish Market Eyes Pivot at $4.317 After Weather Report
U.S. natural gas futures surged higher to start the week, building on Friday’s rally as May contracts take over the front-month position. A bullish technical gap at the open is driving expectations for a near-term test of the key short-term pivot at $4.317—a level that could set the tone for the rest of the week’s trade. Futures rose following a 14.0-cent jump on Friday, propelled by persistent support from flat production and robust export demand. The bullish momentum early Monday signals a possible extension of last week’s rally, particularly if prices can maintain traction above $4.317. A sustained move above this pivot opens the door toward multi-month highs at $4.713 and $4.901.… For more info go to https://tinyurl.com/3uepd5pr
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