Natural Gas Market Talk | 01.31.2025

Natural gas futures pushed sharply lower this week surrounding the February 2025 NYMEX expiration. $3.00 per MMBtu ultimately held as support for the now-prompt March contract on Friday, but the entire curve ended the week well off of the January highs. February weather is expected to come in milder than January and production appears to be on the upswing. These factors have led to a substantial bearish shift in market sentiment over the past week.