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NYSE:PEP.O 11 January 2026

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  • U.S. Natural Gas Prices Drop on Warmer Weather, Supply Factors Sustain Pressure
    March 20, 2026, 5:19 PM EDT. Natural gas prices for April Nymex delivery fell 2.24% as US weather forecasts turned warmer, potentially lowering heating demand. The Commodity Weather Group predicts above-average temperatures in the western US through March 29, pressuring prices. However, a recent Iranian attack on Qatar's Ras Laffan LNG export facility, which supplies 20% of global liquefied natural gas, could limit further declines. US dry gas production rose 4.8% year-on-year, nearing record highs with rigs increasing to a 2.5-year peak. Inventories surged by 35 billion cubic feet last week, well above average, indicating ample supply. Despite these bearish signals, rising electricity output and export potential from Qatar's damaged plant could support prices amid global supply disruptions.
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