Natural-gas futures were among the largest commodity gainers in April — posting a monthly rise of almost 13% as traders bet on a slowdown in U.S.

US natural gas futures fell about 3% on Wednesday on forecasts for less demand over the next two weeks than expected and an ongoing massive oversupply of gas in storage. Analysts said stockpiles were around 34% above normal levels for this time of year.

Last Friday's pipeline explosion has taken an estimated 100,000 cubic feet per day of takeaway capacity offline, sending low natural gas prices even lower

Traders have boosted their bullish bets on European natural gas prices, with concerns that supply issues and rising demand in Asia will boost prices.

Coterra Energy holds tremendous potential as the natural gas market recovers with new LNG capacity and normalized weather patterns. Learn more on CTRA stock here.

Exxon Mobil’s profit declined in its first quarter as natural gas prices fell and industry refining margins dropped.