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Natural Gas News: Bearish Forecast as War Premium Fades, Supply and Weather Weigh

By: 
James Hyerczyk

Key Points:

  • Natural gas futures reverse lower as Trump halts strikes, weakening the war premium
  • Breakdown below 50-day moving average signals bearish shift in natural gas futures
  • Production near 113 Bcf/d keeps supply elevated, limiting upside in current market

Trump Halts Strikes and Natural Gas Reverses Hard

Natural Gas Analysis
Weekly April Natural Gas

U.S. April natural gas prices are lower on Monday after reversing earlier strength after President Trump ordered a five-day halt on strikes against key energy infrastructure in Iran. Trump also added that both the U.S. and Iran have been having productive talks about ending the nearly one-month war.