Natural gas prices facing downward trend: Is recovery possible?
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Natural gas prices have been on a downward trend in recent months, despite heightened geopolitical tensions in the Middle East.
The decline comes after a sharp rally at the end of January, which was fueled by colder weather and supply concerns.
Currently, NYMEX natural gas is trading at around $2.68 per MMBtu while MCX natural gas has fallen below ₹260 per MMBtu.
The decline comes after a sharp rally at the end of January, which was fueled by colder weather and supply concerns.
Currently, NYMEX natural gas is trading at around $2.68 per MMBtu while MCX natural gas has fallen below ₹260 per MMBtu.
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