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July Nymex natural gas closed down 4.35% on Tuesday after a third straight session of losses. Forecasts for cooler US temperatures reduced expected air-conditioning demand, and an Israel-Iran ceasefire eased fears of disruption through the Strait of Hormuz.
Cooler forecasts cut expected power burn, and lower Middle East risk reduces the LNG supply premium, both pointing to softer gas prices.
barchart.comRich AsplundJun 24, 2025After 104 past bearish weather events, NATGAS moved a median -7.8% over 5 sessions (22% higher; middle half -14.8% to -0.8%), and -3.3% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
