The natural gas market has seen a lot of selling pressure this past week, as the futures contract has rolled over to the month of March, and therefore the selling side should start to be the correct side.

U.S. natural gas futures were lower as inventories turned to a deficit against the five-year average after one of the largest weekly withdrawals on record.

U.S. natural gas futures lost ground despite a solid reduction in inventories reported for last week as participants focused more on weather forecasts for the remainder of winter.