Natural Gas News – May 5, 2025
Natural Gas News – May 5, 2025
Mansfield Market Assessment
The market continues to surge higher on the heels of warmer weather forecast out in days 11-15. Of course, there are rumors that we will see associated gas shut in with Crude down around $56.50
dollars. Crude would need to drop to around $50 to see such shut-in. Weather again is very bearish in the near term with heat coming in the back of the forecast to Texas and the Southeast. We expect for at least 4 injections over 100 bcf in the coming weeks and, as well as continued large Salt injections with the wide spreads cash to futures.
Forecast Turns Cautious as Market Hits Resistance at $3.733
Natural gas futures stall near $3.733 as mild weather caps gains despite tight inventory and strong LNG demand. See today’s full market analysis and forecast. U.S. natural gas futures are starting
the week on firmer ground but face stiff resistance at the $3.733 level, a key short-term pivot. While buyers briefly pushed prices to $3.747 on Monday, the rally stalled as sellers stepped in, sending prices back to $3.703. This technical rejection underscores the market’s sensitivity to near-term weather demand, even as broader fundamentals point to tighter conditions. At 12:14 GMT, Natural Gas Futures are trading $3.698, up $0.068 or +1.87%. Traders are digesting last week’s bearish-leaning EIA storage report, which showed a 107 Bcf injection—nearly double the five-year average. While the head… For more info go to https://tinyurl.com/2zsv6hzd
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