NATGAS Analysis

In this NATGAS analysis, we analyze the commodity from technical and fundamental aspects. It also features trend examination, price forecasts, support and resistance levels, and trading signals.

We update this page daily to ensure you have the latest information by covering the Natural Gas price changes.

NATGAS Live Chart

NATGAS Analysis: Fundamental View

Bloomberg—US natural gas futures jumped by 5%, reaching $4.60 per MMBtu—the highest price since December 2022. This surge is driven by extreme weather, supply shortages, record-high LNG exports, and geopolitical tensions.

Harsh winter conditions in North America and Europe have increased heating demand. At the same time, freezing temperatures have disrupted production by causing “freeze-offs.”

Colder Days Ahead from March 16-21

Weather forecasts indicate a shift in temperatures. From March 6-15, most Lower 48 states experienced above-average warmth, but colder-than-normal conditions are expected from March 16-21.

At the same time, LNG exports hit a record 15.6 bcfd last month, while uncertainties in trade—such as a possible decline in Canadian gas exports to the US—raise concerns about supply and storage levels.

Despite these challenges, US gas production in the Lower 48 states has increased, averaging 105.8 bcfd in March, up from the previous record of 105.1 bcfd in February.