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Natural Gas - Where will it go from here?

  • Mickey Perry
  • Dec 11, 2023
  • 1 min read

Looking at the price movements for Natural Gas from Mid-December to End of February the past 4 years have seen the following movements:






The current price of natural gas is relatively low, especially when considering the period post-Russian invasion of Ukraine. The blue line indicates the current price in comparison to historical prices.

 

I won't be trading it at this price yet. The historic price movements during this period have often been volatile, and there are no clear indications that the current price is exceptionally cheap on a long-term basis. It does appear slightly cheap, but given Europe's significant storage commitments to natural gas in the run-up to winter, we could potentially see a further drop.

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