0855 ET - U.S. natural gas futures are lower after rising the previous two weeks, with less immediate impact seen from the 90-day tariff agreement reached between the U.S. and China that's lifting oil. The truce creates mixed conditions for natural gas, Eli Rubin of EBW Analytics says in a note. "Higher demand for China, a strengthened economic outlook, and reduced risks of a recession in the U.S. are supportive near-term," he says. But higher oil prices may strengthen the outlook for associated gas supply as it takes economic pressure of oil producers. Still, "the uncertainty of the past 45 days suggests that unease in the long-term outlook will linger," he adds. Nymex natural gas is down 1.3% at $3.744/mmBtu. (anthony.harrup@wsj.com)
(END) Dow Jones Newswires
May 12, 2025 08:55 ET (12:55 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.