US natural gas futures fell to $2.86 per MMBtu, hitting their lowest level in over a month, as the market enters the spring shoulder season, which typically reduces heating demand and allows storage levels to build. Weather forecasts showed above-average temperatures across the eastern half of the US, from late March into early April and again around mid-month, potentially reducing gas consumption. As a result, markets anticipate that inventories will rise more rapidly in the coming weeks, expanding from a small surplus in mid-March to a larger surplus by mid-April. Natgas prices gained 0.9% in March, supported by LNG feedgas demand following supply disruptions at the Strait of Hormuz. Meanwhile US gasoline prices have crossed $4 per gallon for the first time since August 2022, climbing more than $1 per gallon since the Midde East war began.

Octalas AI

الربح

الجميع يسارعون إلى خفض التكاليف. أما نحن، فنسرع نحو تحقيق الأرباح.

ابدأ البيع من خلال تقديم الخدمات

ابدأ الفترة التجريبية

مجانًا لمدة 14 يومًا · لا حاجة لبطاقة ائتمان