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Natural Gas Slipped As Warmer-Than-Normal Weather Slowed Heating Demand.

Natural gas prices faced a decline of -1.49%, settling at 151.7, primarily influenced by warmer-than-normal weather conditions that dampened heating demand. The abundance of inventories further contributed to the downward pressure on prices. Notably, the flow of natural gas to liquefied natural gas (LNG) export plants remained low due to an ongoing outage at Freeport LNG’s facility in Texas. Despite a recent drop in output and forecasts for cooler weather, natural gas prices experienced a decline to a 3.5-year low in February. 

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