U.S. natural gas prices are expected to remain elevated through the summer, with Goldman Sachs projecting levels above $3.50 per mmBtu to encourage higher production and ensure storage is adequately filled. The forecast follows a sharp rally in U.S. gas futures, which recently surged to a three-year high amid tighter supply expectations and robust seasonal demand. The broader energy complex is also in focus, with crude benchmarks Oil – US Crude and Oil – Brent Crude moving higher alongside Natural Gas, reflecting shifting market views on supply risks and macroeconomic conditions.
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Over the past month, Natural Gas has gained about 22.83%, underscoring the strength of the recent rally, with the 1-day technical stance signaling Buy, suggesting near-term momentum remains constructive. Oil – US Crude is up roughly 3.73% over the same period, with a corresponding short-term technical reading of Buy, indicating continued positive sentiment despite lingering demand uncertainties. Oil – Brent Crude has advanced around 4.80% in one month and also shows a 1-day Buy signal, pointing to supportive technical conditions as traders weigh supply dynamics and global growth expectations. Investors can explore more updates, prices, and analysis across global markets at Commodities.