Middle East War Takes Back Seat to Shoulder Season as U.S. Natural Gas Forwards Fall Again
By Bullbit Editorial · March 27, 2026
WhatU.S. natural gas forward prices have declined since last week due to bearish shoulder season fundamentals.
WhyShoulder season demand typically decreases, outweighing the potential impacts of the Middle East war on the global energy market.
SignalThe decline in U.S. natural gas forward prices indicates a shift in market focus away from geopolitical tensions and towards seasonal demand fluctuations.
TargetMarket participants may be adjusting their strategies to account for the changing fundamentals of the shoulder season.
RiskThe ongoing conflict in the Middle East still poses a risk to global energy markets, but its impact is currently being overshadowed by seasonal demand factors.