Oil Falls as U.S. Production Boosts Inventory Levels

The video discusses the current state of the oil and natural gas markets. Oil prices are affected by disappointing corporate earnings in the US and Saudi Arabia's pledges for deeper cuts, which have not stabilized prices. The US is now a major oil producer, and concerns about Venezuela's production are minor. The market is in a trading range, with a focus on supply issues. Natural gas prices have decreased due to inventory levels and weather conditions, returning to normal ranges.

What trends are observed in natural gas prices as discussed in the text?

How have inventory levels changed compared to previous years according to the speaker?