Weak Domestic Demand Causes U.S. Natural Gas Prices to Slip Friday

On Friday, natural gas futures in the United States dropped 0.5% and hit a low not seen since 2024, and the small drop is due to decreasing local demand and high inventory levels.

Natural gas prices dropped Friday on low demand.
Natural gas prices dropped Friday on low demand.

Natural gas futures are now around $2.65 per British thermal unit after demand further diminished and supply levels were reported as high. The EIA gave its latest report on withdrawals and reported that 50 Bcf was injected into the inventory. That is a big leap from last week’s 36 Bcf.

Demand is expected to remain low across the United States since warm weather is coming in. Production of natural gas throughout the United States is still high, and it is close to record levels, pushing inventories above average as spring gets underway.

Weather Forecasts Say to Expect Mild Temperatures

The weather reports coming in this week are calling for temperate weeks ahead. Heating demand should stay minimal across much of the United States. Despite some snow and ice still prevalent in a few of the northern states, most of the U.S. is experiencing balmy spring weather.

The domestic LNG market is amply supplied and should stay that way for months ahead. It also appears that the conflict in Iran is settling down, with a ceasefire in place to keep Iran, Israel, and the United States from attacking one another. The conflict has caused gas and oil prices to soar in recent weeks, but the U.S. LNG rates have moved only mildly during that time.

Over the last few weeks, the U.S. LNG market saw a battle happening over the $3 level, but with a price well below that now, traders are going to have to settle for fluctuations between $2.50 and $2.80 in the weeks ahead. Even if there is another conflagration in the Middle East, the high inventory levels in the United States LNG market should keep prices subdued.

Brent crude oil is now at $96.58 per barrel, and West Texas Intermediate futures are trading at just under $100 a barrel. That is a decrease from last week’s highs, and the prices indicate a slowdown in trading and a settling down for the global energy crisis. Last week, before the ceasefire was in place, there were worries that the United States’ LNG supply would be needed elsewhere to meet pressing needs, but that is not the case anymore.  

 

Shell Makes Plans to Utilize Large Venezuelan Oil Fields

The expansive Loran-Manatee oil field of Venezuela and Trinidad are Shell’s next target for pulling oil, with production slated to start by the middle of 2027.

1 billion cubic feet of oil will be pumped through Shell's Venezuelan pipeline.
1 billion cubic feet of oil will be pumped through Shell’s Venezuelan pipeline.

Energy producing giant Shell is looking toward the Venezuelan oil fields and expects to have its first gas from those offshore fields as early as next year. The field touches the borders of Venezuela and Trinidad, and a Trinidad national gas Company chairman announced Thursday about Shell’s plans.

Shell originally intended to install a 24-inch pipeline that would pump 700 million cubic feet of oil to Trinidad daily, but they upgraded their plans to accommodate a 32-inch pipeline with capacity for 1 billion cubic feet per day of oil. This pipeline will supply Trinidad with petrochemicals and liquefied natural gas.

Shell Moves Up Gas Projects

Projects that Shell is working on in Venezuela have been accelerated lately, and the company plans to supply he region with oil from the Loran-Manatee field as soon as possible. The region opened up to oil contractors after the capture of former Venezuelan President Nicolas Maduro by the U.S. government back in January.

Maduro is being kept in a detention facility in the United States, and since his capture, oil projects have moved forward in Venezuela as the country cooperates with the U.S. government. Shell is only one of several major energy producers interested in the oil found in and around Venezuela. Many of them are waiting on the energy ministry there to approve their contracts for their projects.

In January after Maduro’s capture, Venezuela’s oil laws were reformed, allowing for the country to do business with other nations. Before relations soured between the United States and Venezuela, the U.S. built up the energy sector in the region. Now, U.S. companies and global energy businesses are looking forward to working with the interim government in Venezuela.

The United States is prepared to invest $100 billion dollars to rebuild the energy sector in Venezuela, which has fallen into decay in recent years. Interim President Delcy Rodriguez is working with the Trump administration to make that happen, and it is obvious that she is more willing to cooperate on the problem of energy than her predecessor.

Bitcoin May Be Stuck in Tight Cycle; New BTC Price Prediction

On Friday, Bitcoin (BTC) came out of its Thursday decline with a gain of 1.58% and hit $72,340 (BTC/USD) as tensions rose in the Middle East over possible ceasefire violations.

Crypto trading trends show overall bullish movement this month.
Crypto trading trends show overall bullish movement this month.

Bitcoin has been moving between $70K and $72K for a few days, establishing a holding pattern that it could break away from soon. Investors should not worry that Bitcoin is completely stuck, because the wider trend is upward movement for the coin. Over the last seven days, the BTC rate has risen 8.16%, and that is promising for the token that has struggled so much since its October highs last year.

[[BTC/USD]]

Now, the movement over the last four weeks has been less stellar, with just 4.42% in gains. That is a less substantial increase than the weekly one, but it is still an improvement. If Bitcoin can keep that up, we could see a new high by the end of the year.

Bitcoin Set to Break Out

We do not expect Bitcoin to remain in its current trading range between $70K and $72K for long. As soon as another influencing factor shifts, Bitcoin is set to shift as well. The coin may lose upward progress if the conflict in Iran escalates further and either side blatantly breaks the ceasefire. There is cause for concern there for BTC traders since the fighting has had a tremendous impact on the cryptocurrency market lately. However, it is unlikely that either Iran or the United States want to go back to the fierce attacks they were engaged in over the last few weeks.

Bitcoin is elevated right now in part by the wider crypto trend that is sweeping the market, pushing the market cap for crypto up 1.19% over the last day to $2.45 trillion. Bitcoin owns a large share of that, with about $40.3 billion in BTC moving over the last 24 hours. That is an increase in trade volume for the coin of over 8% for the day.

The BTC price broke above $73K for a short time on Thursday, testing that new high, and there is a strong possibility that the coin will move past that later today. If the ceasefire can be maintained through the weekend, Bitcoin has the potential to climb to $75K, though it may backtrack slightly on Monday when the stock market opens back up.

There is a strong trend that needs to be broken for Bitcoin to set new record highs this year and to make it to $100K in the next couple of months. That is the negative overall movement of the coin since the beginning of the year. The BTC rate started off at $89K in January and is now down about 19% for the year. If the coin can rise above $90K, it will enjoy tremendous market sentiment and a strong support level that could carry it to a new record high by the end of 2026. 

 

U.S. Stock Futures Steady Amid Shifting Tensions in Iran

Iran’s ceasefire with the United States and Israel is fragile and is causing uncertainty among traders as stocks remain mostly unmoved Friday morning.

Stocks hold on fears that the Iran conflict with escalate.
Stocks hold on fears that the Iran conflict with escalate.

The Dow Jones Industrial Average dropped a marginal 0.1% while the S&P 500 barely moved. The Nasdaq Composite showed little signs of a tech rally any longer with  an increase of just 0.1%.

The United States and Iran reached a ceasefire agreement earlier this week, but reports have emerged from the Iran and U.S. governments that the deal may have been violated. The fragility of that agreement means that the situation could shift quickly and without notice, causing gas prices to soar and stocks to plummet if things go awry.

Fluctuating Oil and Gas Creates Volatile Market

We do not expect the flatline to remain the status quo for the stock market for very long this weekend. Since the fighting started five weeks ago, the market has jumped between extreme highs and lows, but with an overall downtrend. Tech stocks have enjoyed a few small rallies, and energy stocks have climbed tremendously over those weeks, even factoring in periods of pullback.

On Thursday, President Donald Trump alleged that Iran may be charging oil tankers fees to pass through the Strait of Hormuz. He threatened action if that is the case. Iran’s government says that Israel is violating the ceasefire with attacks on Lebanon and through other hostile actions. Neither side is completely at peace with the other, and their traded barbs could come at the cost of the ceasefire.

Oil prices are very close to $100 a barrel, with Brent Crude at $96 per barrel and West Texas Intermediate recorded at $98 a barrel. In the last few days, oil prices have dropped with the institution of the ceasefire, but there is fear that could change quickly if there are blatant attacks from the United States or Iran.

Changing oil prices would mean changing stock values as well. On Thursday, stocks moved higher after starting off bearish, with tech stocks making the most sizable gains. The Dow added 0.58% while the Nasdaq gained 0.83%, and the S&P 500 increased 0.62%.

The key components of the ceasefire right now are the opening of the Strait of Hormuz and the cessation of attacks. If either of these parts is violated, the ceasefire is likely to be tossed aside and open war declared once more. The waterway has been a point of contention for weeks since it is where about a third of all oil shipments pass and then are sent to countries around the world. There has been an energy crisis as a result of the fighting that prompted the IEA to disperse 400 million barrels of oil to countries in need during the crisis.

Bitcoin Down on Iran Conflict Escalation; New Price Prediction

After rising tensions in Iran and a large Bitcoin (BTC) theft, the BTC rate is down 1.33% from the previous day, hitting $70,542 (BTC/USD).

Bitcoin is being pulled down by Middle East tensions but staying elevated due to strong market sentiment.
Bitcoin is being pulled down by Middle East tensions but staying elevated due to strong market sentiment.

Thankfully for Bitcoin investors, the coin did not fall below $70K after the crypto market tumbled Thursday. As news broke that the Iran conflict is not as peaceful as expected after Tuesday’s ceasefire, the stock and crypto market fell while oil prices resurged.

[[BTC/USD]]

Bitcoin has tumbled from its April high but has found support above $70,000, which is psychologically significant for traders. Market sentiment remains somewhat elevated, and trade volume is at $32.5 billion for the last 24-hour period. That equates to a trade volume drop of 34% from the previous day’s bullish performance.

Bitcoin Price Prediction Comes True

We warned of sharp fluctuations for Bitcoin if the Iran conflict worsened and the ceasefire was not honored. Now, Bitcoin has faltered, but it is still resilient and not nearly as fragile as it was at the start of the year. Since March, Bitcoin has shown upward movement and slow progress toward 2025’s highs, and that has paid off in building consumer sentiment and helping investors feel more confident in the coin.

When news was released that the ceasefire had potentially been violated, Bitcoin investors did not abandon the coin in droves. Instead, a large portion of them held onto their coins and have so far been content to wait out the dip and see if the coin will recover soon.

The BTC rate stopped short of falling below $70K, and that means that it can potentially make back its losses quickly and establish a new high over the weekend. If the coin falls below its current level, though, it may have trouble making back this week’s losses. Despite its resiliency, there is still a lot of fear over Bitcoin’s potential to race to the bottom amid strong factors that create selling pressure.

$3.6 Million in Bitcoin Stolen

A hacker stole $3.665 million in bitcoins on March 23rd, taking the money from wallets on Bitcoin Depot. The coins came from the corporate supply and not from individual users’ accounts. The hacker took the money and placed it into a personal account, and their identity is still a secret.

The brazen attack was reported in an SEC filing, and the stolen money is the equivalent of 50.903 bitcoin. Bitcoin Depot is still investigating and has not yet released details on how compromised their systems are and how much the theft will impact them or the market.  

 

 

Volatile Stock Market Slips from Wednesday Highs; Dow down 0.4%

U.S. stock futures fluctuated sharply Thursday morning, losing much of Wednesday’s progress with a drop of 0.2% for the Nasdaq, 0.3% for the S&P 500, and 0.4% for the Dow.

Stocks drop Thursday after climbing high the previous day.
Stocks drop Thursday after climbing high the previous day.

After an extremely bullish day Wednesday, the stock market has run out of gas with rising oil prices on Thursday. All three of the leading U.S. stock indices flipped from massive gains to minor losses. The Dow came off its best day in a year with a 2.9% increase, going from gaining 1,300 points to losing 175 points.

Brent crude oil is up for Thursday, with an increase of 3.3% to $97.88 per MMBtu. West Texas Intermediate futures gained 5.71% and rose to $99.80 as traders tried to figure out where the market might be headed after Tuesday’s ceasefire agreement between Iran, Israel, and the United States.

The Ceasefire’s Severe Market Impact

A cessation of hostilities in the Middle East has given markets a chance to recover, but the whiplash from Wednesday’s sharp turn led to stocks recalibrating Thursday morning. The terms of the ceasefire call in part for an immediate reopening of the Strait of  Hormuz. Iran has agreed to do that if there are no more attacks.

On Wednesday, Iran said the United States has broken the ceasefire through Israel attacking Lebanon as well as with other supposed violations. The sudden shift on Thursday back to falling stocks and climbing oil prices is more than just a simple market correction. It is also a response to the escalating situation in the Middle East.  

Not all U.S. stocks fell Thursday, and technology stocks have enjoyed the most protection from the market reversal. Micron Technology (MU), which soared on Wednesday, has held onto its gains. Apple (AAPL) and Alphabet (GOOGL) both performed well Wednesday, and they retained most of that progress during Thursday morning’s premarket trading.

Energy stocks fluctuated with the oil price flip and are looking bullish for Thursday. British Petroleum (BP) switched from sharp losses to an increase of 1.05%. Exxon Mobil (XOM) did the same thing, losing 4.69% on Wednesday and gaining 0.95% Thursday morning. These and other energy stocks may continue to climb throughout the day.

Across the stock market, it is evident that Wednesday’s strong movements are not completely erased yet. While many of them have been reversed, energy stocks still remain lower than they were Tuesday and tech stocks remain higher.

 

 

Major Losses for U.S. Natural Gas Market in Middle East Conflict Shift

Natural gas is down 5.45% in the United States for Wednesday after the United States and Iran came to an agreement to cease hostilities for the next two weeks.

The energy market is incredibly fluid and volatile for now.
The energy market is incredibly fluid and volatile for now.

A cold snap in the northern United States was not enough to keep LNG futures from dropping on Wednesday. The decline of more than 5% was caused primarily by the Middle East ceasefire which occurred just before President Donald Trump’s 8pm deadline.

All gains from the previous session have been wiped out, and natural gas futures are now down to $2.71/MMBtu. That puts the price at its lowest point in 17 months. Despite cold weather sweeping much of the northern U.S. mild weather forecasts have been released and are bringing the rate of natural gas down as well.

Why LNG Rates Should Settle Higher Soon

The forecasts of warm temperatures and the Middle East ceasefire have exerted enormous pressure on LNG prices in the United States. The peace in Iran has had the biggest impact, but the last-minute change in the situation was partially unexpected. The ceasefire could be broken at any time, dramatically changing the fragile peace that involves Iran, the United States, and Israel and affects primarily Middle Eastern countries but also nations around the globe.

With the Strait of Hormuz opening again, gas and oil levels around the world are likely to normalize in the coming days. Much needed supplies will be provided and low inventory levels will be restocked as production resumes. We anticipate this increase to be slow at first and to build up tremendously by next week.  

Now that the ceasefire is in place, prices should start to settle. With no new dramatic happenings in Iran that could directly impact the oil market, the price of gasoline, crude oil, and natural gas should start to go back to where they were about five weeks ago before the fighting began.

Brent crude oil fell 15% Wednesday while West Texas Intermediate futures lost more than 15% as well. These dramatic shifts should stabilize quickly as things settle down in Iran, but the prices are volatile for now. However, the price of crude oil internationally has only a minimal impact on the U.S. LNG futures. That is evident by the vast disparity between crude oil and U.S. LNG in price drops today. It is primarily for that reason that we expect LNG prices to stabilize much faster than crude oil prices and for the LNG futures market in the United States to climb slightly higher soon.

UBS Upgrades Micron Technology Price Target on 7.8% Increase

Micron Technology (MU) stock rose 7.80% Wednesday as the Iran ceasefire buoyed stock markets, and UBS changed their price target for the stock from $510 to $535.

Will Micron stock keep growing through the ceasefire?
Will Micron stock keep growing through the ceasefire?

UBS Group AG is a Swiss investment bank that helps its customers predict market trends, and they expect Micron Technology to perform very well during the current bull market period. The Nasdaq Composite, on which the MU stock is traded, rose 2.86% today due to the two-week ceasefire agreement for Iran.

Markets are bullish and tech stocks are performing exceptionally well after days of downtrends. AI stocks in particular are surging, and UBS anticipates that Micron Technology will come out the other side of the current bull trend stronger.

Micron Recovers from Earnings Statement Upset

Over the past week, Micron Technology stock has been climbing. They posted decent earnings last month for the second fiscal quarter of the year, but their stock dipped 6.6% on the same day. Investors were simply too worried about the company’s capital expenditures- a problem that has plagued tech stocks in the AI market for months.

Positive sentiment has marked the equity market today, and if the ceasefire lasts for at least two weeks, Micron Technology could enjoy a lengthy bull run. The super-cycle may push Micron Technology back up to last month’s high, erasing weeks of decline and establishing the company as a contender for being one of the year’s most promising stocks.

UBS gives the MU stock a “Buy” rating, but their upside of 42% may be overly optimistic. That price target assumes that capex spending will be less of an issue for the company moving forward and that the Iran war will stay settled for a while. The current MU stock price of $406 is the highest the stock has climbed in about two weeks, but the real test here will be whether it can hold. 

Quarterly earnings statements for most of the major tech stocks have already come and gone, so there may be some breathing room for a couple months. However, we do not expect the capex issue to simply go away. With the AI market booming, investors are worried that companies like Micron are spending more than they should be in order to keep up, creating very thin margins for their shareholders. 

800% Q1 Profit Increase Expected for Samsung

Samsung Electronics posted new Q1 earnings projections on Tuesday, revealing profit expectations of $57.2 trillion, which would beat last quarter’s profits by 800%.

Samsung is anticipating incredible profits for the last quarter.
Samsung is anticipating incredible profits for the last quarter.

Profit projections for Samsung Electronics’ first quarter were posted yesterday, and the company anticipates that they will beat in one quarter all their earnings for the previous year. Their stock rose 7.12% on the Korean stock exchange.

Samsung attributes its earnings growth to higher chip prices and the rapidly expanding artificial intelligence market. Samsung is a major semiconductor chip manufacturer, and their custom logic chips are integral to the AI market.

Samsung Expects Major Gains for January-March Period

For the quarter starting in January and finishing in March, Samsung anticipates that they will beat last year’s Q1 profits of $6.69 trillion by a sizable amount. Their expected $57.2 trillion in profits is well above the number provided by LSEG SmartEstimate for $40.6 trillion.

A large part of those profits come from drastic price increases for memory chips, which almost doubled in cost as AI data center demand grew rapidly. The memory chips that Samsung develops are used extensively in PCs, smartphones, and gaming consoles, and their widespread use has helped make Samsung a leader in this tech market niche.

The AI boom is helping Samsung enjoy record profits, and their business profile is markedly different from that of many other companies participating in the same space. Shareholders for Microsoft, Nvidia, AMD, and other tech giants involved in the AI market have been cautious about investing over the last few months due to high capital expenditures. Samsung is standing out by showing strong profitability in an environment that has increasingly thin margins.

Chip prices are likely to increase over this current quarter as well, with TrendForce anticipating a 50% jump due to chip shortages. The CEO of Synopsis says that the shortages may last until sometime in 2027, which would keep prices elevated. Data centers are popping up faster than chips can be produced, and the AI market is expanding at a rate that semiconductor manufacturers simply cannot keep up with.

 

 

 

Bitcoin Price Prediction after Iran Peace Pulls Token up to $72,000

Stock and crypto markets are bullish Wednesday since a ceasefire has been announced between Iran and the United States, and Bitcoin (BTC) jumped to $72,634 (BTC/USD).

Bitcoin could hold onto much of its gains at the next downward push.
Bitcoin could hold onto much of its gains at the next downward push.

Bitcoin gained 4.46% on Wednesday amid an upward surge for multiple markets. A two-week ceasefire agreement for the Middle East has helped investment markets climb and pushed Bitcoin to its highest point since mid-March.

[[BTC/USD]]

The crypto market has been down for much of the week as the Iran conflict temporarily worsened. Bitcoin has now moved up 8.6% for the week, and the rest of the crypto market is pushing higher as well on the good news, but investors should know that these tokens are still very volatile.

Crypto Market Gains Point Toward High Bitcoin Price

It looks like there may be no attacks between Iran, Israel, and the United States for two weeks following the ceasefire agreement. That will give the crypto market space to climb and recover recent losses. For five weeks, the Iran conflict has kept equity and cryptocurrency markets low. Now, Ethereum (ETH) is up by 5.8% for the day and Solana (SOL) has gained 5%. These and other crypto tokens are very bullish at the moment, but that could change quickly if the ceasefire is broken.

Bitcoin’s performance has been especially promising, with an increase in trade volume of 65% over the last day. This is one of the biggest gains we have seen for the coin in a long time, and that is why Wednesday’s BTC price increase is so worth noting.

Investors need to know that the coin is more bullish than it has been in weeks, and that indicates that if there is news that hurts the coin’s upward progress, most of the gains are likely to remain. Bitcoin may find support above $70,000 for the rest of the week but will be facing a resistance around $73K where it faltered last month.

Quantum Computing Security Concerns

Bitcoin’s price was hurt recently by news that quantum computing could break encryption on dormant Bitcoin accounts. Those coins that have been held for years with little movement could be stolen in a matter of minutes, and quantum computing is so powerful now that Google’s Quantum AI warns of the impending danger of hackers easily taking those coins.

Because artificial intelligence is training computers to operate faster and more easily, quantum computing has taken a large leap forward. Now, Bitcoin assets may be at risk as quantum computer technology becomes more accessible and faster.