Natural gas tumbles to a 4-month low near $3 as mild weather slashes demand — what to watch next
March U.S. natural gas futures dropped 21.2 cents to $3.031 per mmBtu on Tuesday, hitting a four-month low. Warmer forecasts in the East and strong supply pressured prices. Lower 48 dry gas output reached 114.4 bcfd, while demand was 86.2 bcfd. Traders now await Thursday’s storage report and late-February weather updates.