Natural Gas Steady as Mild Weather Cuts Into Demand

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Natural Gas Steady as Mild Weather Cuts Into Demand

, MT Newswires - 9:27 AM ET 3/26/2025 Company News

09:27 AM EDT, 03/26/2025 (MT Newswires) -- Natural gas was steady early on Wednesday as mild temperatures continue to limit demand.

Gas for April delivery was last seen unchanged at US$3.84 per million British thermal units.

The fuel is approaching the March 31 end of the heating season, with warming temperature cutting into heating demand and giving producers the opportunity to replenish stocks depleted by a cold winter in most states. The Energy Information Administration last week reported inventories of the fuel stood 10% under the five-year average.

There is little sign demand will be on the rise soon, with long-term forecasts from the National Weather Service expecting most states to see seasonal or warmer temperatures over its six to 14 day forecast.

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