# US natgas prices slide on rising output - Markets - Business Recorder

> US natural gas futures slid about 2% on June 25 as output rose slowly and demand forecasts for the next two weeks were lowered. Prices had fallen about 7% over the prior two weeks, while speculators raised net long positions to their highest since April 2022.

- Date: 2024-06-25 · published 2024-06-25T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/29961-us-natgas-prices-slide-on-rising-output-markets-business-recorder
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Rising output and softer near-term demand forecasts weigh on US gas prices, which lowers energy costs for ethanol and fertilizer production. The large speculative long position leaves prices vulnerable to further pullbacks.

## Read by commodity

- NATGAS: bearish ▼

## Sources

- brecorder.com: https://www.brecorder.com/news/40309867

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.