Natural gas markets face potential bearish cycle

Energy market discussions highlight ongoing volatility and long-term trends in the natural gas sector. Analysts observing NYMEX natural gas charts suggest the market may be entering a bearish cycle. Technical analysis indicates that after a rejection near the top of a 20-year downward channel, prices could potentially decline significantly over the next 12 months, potentially reaching a 1.25 target.

Additionally, industry discussions have addressed how geopolitical conflicts, specifically regarding Iran, have impacted energy markets and fuel price drivers.