Natural-Gas Futures Surge in April, Set to End Month with 15% Rise

Tuesday, 30 April 2024, 18:33

The latest data indicates that natural-gas prices are poised to achieve their first monthly gain since October, with futures showing a significant surge in April. Traders are optimistic about a rise of around 15%, attributing it to the anticipation of a drop in U.S. production before the summer cooling season.
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Natural-Gas Futures Surge in April, Set to End Month with 15% Rise

Natural-Gas Prices Outlook

The recent performance of natural-gas futures has shown encouraging signs, pointing towards a notable increase in April.

Key Takeaways:

  • Surge in April: Natural-gas prices have surged, promising the first monthly gain since October.
  • Market Optimism: Traders are optimistic, expecting a rise of around 15% amid reduced U.S. production.
  • Seasonal Influence: The anticipated surge is attributed to the upcoming high-demand summer cooling season.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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