Weather factors reassume pricing power, and US natural gas futures fall below the psychological barrier of $3.

date
04/03/2026
The natural gas futures price in the United States has fallen below $3. With the easing of pressure from rising global energy prices, market attention has shifted back to weather factors. It is expected that temperatures will rise next week, followed by a cold air surge in mid-March that will boost demand. Eli Rubin of EBW Analytics stated in a report, "From a fundamental perspective, New York Mercantile Exchange natural gas is currently not affected by global supply disruptions, as liquefied natural gas exports are operating at full capacity - its price may soon decouple from oil prices and decrease." Nymex natural gas futures for delivery in April fell 4.1% to $2.929 per million British thermal units. TTF natural gas futures in the Netherlands fell by 13%.