Natural Gas News: Supply Growth Offsets War Risk, Prices Drift Lower
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Natural gas prices slip as mild weather cuts demand and supply rises. War risk fails to support natural gas futures as inventory season begins.
Bearish Signals Mount
U.S. April Natural Gas futures are edging lower on Tuesday after closing on the weak side of the 50-day moving average at $3.099. The market has also crossed to the bearish side of the short-term retracement zone at $3.050 to $3.135. Downside pressure could continue to build under these levels.