U.S. Natural Gas futures extended their recent pullback in Asian trading, with the March contract sliding 7.4% from Friday to just above $3 per MMBtu, the weakest level since mid-October. The decline follows updated forecasts for milder late-winter weather, easing heating-driven demand after an earlier cold snap had propelled prices to multi-year highs.
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Over the past month, U.S. natural gas remains up about 15.9%, underscoring how elevated volatility persists despite the latest correction. The 1-day technical view for the contract currently points to a Sell bias, suggesting near-term momentum may favor further downside or consolidation as traders reassess demand expectations. Investors can explore more updates, prices, and analysis across global markets at Commodities.