"Natural Gas Prices Slide as Cold Snap Boosts ETFs and Futures"

Natural gas prices fell during the trading week as concerns about oversupply and the fading impact of winter storms in the United States weighed on the market. Technical analysis suggests a potential drop towards the $2 level, with traders pricing in the upcoming March contract and its typical decrease in demand. The market is likely to carve out a range between $2 and $3.33 for the year, with the $2 level being a major floor.