Today: 6 April 2026
Browse Category

NYSEA:UNG 2 February 2026

Natural gas prices plunge 26% as warmer forecasts hit; UNG tumbles and traders eye U.S. storage data

Natural gas prices plunge 26% as warmer forecasts hit; UNG tumbles and traders eye U.S. storage data

U.S. natural gas prices plunged 25.7% Monday, the steepest drop since 1995, after warmer mid-February forecasts and a rapid supply rebound. The March Henry Hub contract settled at $3.237/mmBtu. Shares of EQT Corp and Antero Resources fell 5.2% and 7.6% in after-hours trading. Traders await Thursday’s storage report and updated weather models.

Stock Market Today

  • Nifty 50 and Sensex Expected to Open Lower on April 6 Amid Middle East Tensions
    April 6, 2026, 12:18 AM EDT. The Indian stock market benchmarks, Sensex and Nifty 50, are expected to open lower on April 6, tracking mixed global cues and escalating US-Iran tensions. The Sensex closed at 73,319.55 on Thursday, defending support near 72,800, while Nifty 50 settled at 22,713.10, showing signs of a bullish counterattack candle after a gap down. Technical analysts suggest a buy-on-dips strategy near support levels, with critical resistance for Sensex at 73,800-73,900 and for Nifty at 23,000. Options data reveal significant call and put writing at key strike prices, indicating potential support and resistance zones. Market volatility and global uncertainty remain high, advising cautious trading amid geopolitical stresses.
Go toTop