Bullbit
Commodities
Futures Settle: Geopolitics Support Natural Gas Into Expiry, but Spring Fundamentals Weigh
- What: April Nymex natural gas futures closed at **$2.65** on Friday.
- Why: Position squaring and Iran war uncertainty supported the market.
- Signal: The settlement indicates a mixed market sentiment.
- Target: The market is expected to be influenced by spring fundamentals in the coming weeks.
- Risk: The geopolitical uncertainty may continue to impact natural gas prices.