# Natural-gas prices post their first monthly gain since October. Here’s why. - MarketWatch

> Natural-gas futures rose nearly 13% in April, their first monthly gain in six months, as traders bet on slower US production ahead of summer cooling demand. The June contract settled at $1.991 per MMBtu on Tuesday, and the year-to-date loss narrowed to about 20.8%.

- Date: 2024-04-30 · published 2024-04-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/9861-natural-gas-prices-post-their-first-monthly-gain-since-october-here-s-why
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Expectations of hotter summer weather and slower output support domestic gas prices, though storage running more than 30% above the five-year average caps the upside. Feed grain buyers see little direct effect beyond energy-cost sentiment.

## Read by commodity

- NATGAS: bullish ▲

## Sources

- marketwatch.com: https://www.marketwatch.com/story/why-natural-gas-prices-look-set-to-post-their-first-monthly-gain-since-october-0d2002d8

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