Posted 3/26/2024, 2:30:01 PM
US Gas Prices Drop as Europe's Sluggish Demand Weighs on Markets Amid Russia-Ukraine Tensions
- Natural gas prices fell due to lackluster European gas market performance spilling into US markets
- Missile attacks between Russia and Ukraine intensifying, targeting gas storage facilities
- US dollar index declining for 2nd day in a row this week
- Europe's declining gas prices dragging down US gas prices as heating season ends
- Technical analysis shows gas prices could rally to $2 if Russia-Ukraine tensions escalate