"Natural Gas Prices Plummet to 3-Year Low Amid Ample U.S. Supplies and Mild Weather"

1 min read
Source: FX Empire
"Natural Gas Prices Plummet to 3-Year Low Amid Ample U.S. Supplies and Mild Weather"
Photo: FX Empire
TL;DR Summary

Natural gas markets continue to fall, hovering around the crucial $2.00 level, with significant support expected at this level. The demand for natural gas is likely to decrease due to an oversupply caused by a disappointing winter. A range between $2 and $3 is anticipated, with caution advised as the market undergoes a bottoming process, but potential opportunities may arise for long-term investors as drillers may soon cease operations due to financial constraints.

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