Natural Gas Prices Slide Below $2.60 Amid Weakening Demand

The natural gas market is showing signs of weakness, with prices falling to $2.63, approaching the bottom of a six-month range near $3.00.

This decline comes as demand for heating and air conditioning wanes due to unseasonably warm temperatures in the United States.

Historically, this time of year tends to be bearish for natural gas, with demand falling through the floor.

The market's weakness is particularly evident as it approaches a potential swing low from late April.