Natural Gas
Natural gas spot price.
AI Analysis
Apr 14, 2026The dominant macro regime is STAGFLATION-STABLE with a complex cross-current: net liquidity is expanding at an accelerating pace ($5.95trn, +$143bn 3M) providing a mechanical floor for risk assets, while the fundamental macro picture — growth decelerating, inflation sticky, energy supply shock-driven — argues for defensive positioning. The four simultaneous CFTC positioning extremes tell a story of maximum positioning confusion: specs maximally short equities (ES 98th pctile), maximally underweight gold (GC 2nd pctile), maximally short oil (WTI 6th pctile), and maximally long BTC (100th pctile). NAAIM at 2.0 is the single most extreme institutional positioning signal in the dataset — essentially every institutional manager has de-risked, creating the preconditions for a violent mean-reversion squeeze if any positive catalyst emerges.
Recent Data
| Date | Value | Change |
|---|---|---|
| Apr 14, 2026 | $2.59 | -1.07% |
| Apr 13, 2026 | $2.62 | -1.02% |
| Apr 11, 2026 | $2.65 | +0.00% |
| Apr 10, 2026 | $2.65 | -0.94% |
| Apr 9, 2026 | $2.67 | -2.80% |
| Apr 8, 2026 | $2.75 | -1.43% |
| Apr 7, 2026 | $2.79 | -0.46% |
| Apr 6, 2026 | $2.8 | -1.48% |
| Apr 5, 2026 | $2.85 | +1.61% |
| Apr 4, 2026 | $2.8 | — |
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Data sourced from FRED, CoinGecko, CBOE, CFTC, and EIA. Updated real-time. This page is for informational purposes only and does not constitute financial advice.