I noticed that natural gas futures closed higher again, with May reaching $2.647 per thermal unit.


Interesting because with this mild spring weather, we would normally expect stronger downward pressure on prices.

According to Pinebrook Energy Advisors, the fact that the market hasn't collapsed too much could mean that the downward momentum is running out of steam.
In short, if natural gas is holding up despite unfavorable weather conditions, maybe there’s still something supporting the futures.

The real push should come from storage data next week.
If stored gas inventories increase as expected, we could see new pressure on prices.
For now, futures remain interesting to watch, especially with this seasonal change.
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