6:42 PM · 12 April 2023

NATGAS drops 6% as heating season nears end

Analysts expect the heating season in the United States to end soon, even as temperatures forecasted for the near-term do not deviate much from averages for the current period of the year. On the other hand, average temperatures in this period are usually high enough for demand for heating to drop significantly, and therefore for the end of the heating season. NATGAS is trading almost 6% lower today and tests $2.1 per MMBTu area, erasing more than half of the gains made yesterday when new set of weather forecasts, that pointed to below-average temperatures, was released. Taking a look at NATGAS chart at H4 interval, we can see that the commodity has been trading sideways in a $2.00-2.25 range for some time already.

Source: xStation5

29 June 2026, 11:56 AM

Market Wrap: European Caution, Fragile Hormuz Truce, and Gold Market Correction

29 June 2026, 11:12 AM

Chart of the Day: EURNOK – When Will the Sell-Off End? (29.06.2026)

29 June 2026, 7:23 AM

Morning Briefing: What’s Next for the AI Play? (29.06.2026)

26 June 2026, 5:59 PM

Three Markets to Watch Next Week: EURUSD, Gold, S&P 500 (26.06.2026)

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits