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US Natural Gas Price Keeps Falling, Now at 20-month Low!

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Natural Gas prices opened with a gap lower this Monday after warmer than average forecasts reached the market.

Natural gas storage capacity is also 5% above the 5-year average and is set to rise another two percent, based on the Energy Information Administration.

All of this is weighing on demand but there are some potential factors that could put a halt to the crash we've been observing on the natural gas chart these past few month.

The returning capacity from the Freeport LNG plant in March could drive demand up and push prices higher. China ending its Covid lockdowns could also drive demand.

Where do you think Natural Gas prices are headed next? Give us your forecast in the comments and hit the like button if you enjoyed our Natural Gas price analysis today and make sure to subscribe to the Capital.com channel for more videos like this!

00:00 Intro
00:39 Natural gas news update - warm forecast, stockpiles up, China demand unclear
05:03 Natural gas support and resistance for February, 2022
06:49 Natural gas technical analysis for February, 2022
09:36 Recap

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