US Natgas Futures Fall as Winter Draws to Close

摘要

The US April gas futures contract held in the low $2.70s going into the weekend as the market ponders whether the winter demand season has essentially come to an end. The April contract fell 3.2% on Thursday despite an unexpectedly large and record storage withdrawal for March. But the focus quickly shifted to the fact that next week's delivery could be one - fourth as large, signaling winter’s end and lackluster spring demand.