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April New York Mercantile Exchange gas futures rose 0.5 cent to settle at $3.980 per mmBtu, holding near a three-week low. The prior session close had been the lowest since February 28.
Record output and mild weather were cited as the pressures.
Flat-to-lower gas prices keep nitrogen fertilizer and processing costs contained. Record output limits near-term upside.
reuters.comScott DisavinoMar 21, 2025Not enough comparable past events yet for a historical read.
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.
