Southwestern Share Price Up More Than 7% After Forecasted Natural gas prices

The Natural gas contract was up 0.06% at $6.474 on Tuesday

Truist Securities Change their Strategy in Southwestern Energy ticker symbol: (SWN) to buy from hold, raising the price target to 411 from $7 per share on Tuesday.

U.S energy investors forecast higher demand and tighter supply has been going into 2023, although investor’s concern about weakening economic growth kept prices pinned near eight months lows

EU ministers Discussed an emergency meeting in Brussels the last week, Russia supplied nearly 40% of Europe’s gas before the Ukraine invasion. Now the region is mixed up to diversify its energy sources

According to analysts and traders, gasoline prices are expected to keep falling in the coming months because U.S refiners overproduce fuel to try to rebuild stocks of diesel and heating oil.