Natural Gas Price Prediction for Next Week

Natural Gas Price Prediction for Next Week (25th - 29th May 2026)

NYMEX Natural Gas futures fell around 3% during the week, pressured by higher storage levels and doubts over a near-term US-Iran agreement to restore energy exports through the Persian Gulf. The EIA reported a 101 bcf gas storage injection for the week ended May 15, exceeding market expectations and weighing on prices. Additional pressure came from weaker LNG export activity, with flows to major US LNG export terminals declining from a record 18.8 bcfd in April to around 17.0 bcfd in May due to seasonal maintenance at Golden Pass LNG and Freeport LNG facilities. Ongoing disruptions to GCC exports through the Strait of Hormuz continued supporting US LNG demand in Europe and Asia, despite higher Norwegian gas supply. However, Looking forward, meteorologists forecast for milder weather and less demand next week than previously expected.

MCX Natural Gas Futures prices witnessed sharp mid-week profit booking after marking a weekly high near 303.4, with prices correcting nearly -8.6% and closing the week around 276.9. Technically, prices are currently trading below the 20 DEMA placed at 278.2, while continuing to hold above the 50-100-200 DEMA levels positioned at 273.60, 251 and 212 respectively. The recent correction reflects profit booking pressure after the sharp upside rally seen earlier in the month, while prices continue to hover near important Fibonacci retracement support zones. The chart indicates that prices are attempting to stabilize near the 0.5-0.618 retracement region, which may act as an important reversal zone for the ongoing trend structure. Ol declined by nearly 13910 lots alongside falling prices, indicating long unwinding activity in the market during the correction phase. On the indicator front, RSI is placed around 49.82, while the RSI moving average is near 53.24, suggesting weakening momentum as the indicator slips near the neutral zone. Traders need to remain cautious around the immediate support zone, as prices may witness reversal which continues to remain a crucial technical support area for the current structure.

Gold Price Forecast for Next Week: Get the latest prediction for gold prices to guide better investment decisions.

Crude Oil Price Forecast for Next Week: Explore the anticipated price range for crude oil in the upcoming week.

Silver Price Prediction for Next Week: Stay informed with next week's forecast for silver prices to track market trends effectively.

Copper Price Forecast for Next Week: Prepare for the upcoming week with valuable insights into copper price movements.

Prediction given by Technical Research Team - Choice