Natural Gas News – March 23, 2026
Natural Gas News – March 23, 2026
Mansfield Market Assessment
Tons of moving pieces today as the war news is all over the place. Trump postponed the utility strikes for 5 days and has said that talks with the Iranians are going well. Of course, Iran came out and denied any talks were occurring. It’s a headline driven market here and one must stay vigilant as the price moves are going to be violent. Currently natural gas is down $0.15 and please remember, the weather is very bearish at least thru the 11–15-time frame. In a few weeks the above’s in the South will produce CDD demand right around the week of the Masters!
Nat Gas Futures Pressured by Storage Surplus
Since December, April natural gas futures broke to the weak side of the 52-week moving average twice. The first sell-off during the week-ending December 12 triggered a steep break from $3.685 to $2.604. The second sell-off from $3.644 was stopped by $2.775. I think it’s important to watch the lower end of the range because the formation of the secondary higher bottom at $2.775 in late February suggests supply worries… For More info go to https://tinyurl.com/2pp7p642
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