1455 ET - U.S. natural gas futures fall for a third straight session as the weather turns and with it demand patterns from a predominance of heating to less gas-intensive cooling. "The pattern for late April into May favors light demand as heating degree days slowly fade as the northern U.S. warms, while cooling degree days gradually increase as highs of 80s and 90s gain ground across the southern and central U.S.," NatGasWeather.com says in a note. On the bullish side is still high LNG feedgas demand, while stronger year-over-year wind and solar power generation is bearish for gas, the forecaster adds. "And with strong winds across many regions, renewables will be quite strong this week." Nymex natural gas settles down 5.7% at $3.325/mmBtu. (anthony.harrup@wsj.com)
(END) Dow Jones Newswires
April 14, 2025 14:55 ET (18:55 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.