by admin | Feb 4, 2024 | Commodities & Energy
[ad_1] Natural gas faced a decline of -3.33%, settling at 171.3, driven by forecasts indicating warmer-than-normal weather persisting through mid-February. The prolonged warmer conditions are expected to keep heating demand low, despite bullish drops in output this...
by admin | Jan 12, 2024 | Commodities & Energy
[ad_1] Natural gas prices surged by 6.71% to settle at 265.5, driven by forecasts for extremely cold weather next week, which is expected to boost demand to record highs. The anticipation of a significant drawdown in storage added to the bullish sentiment. U.S....
by admin | Jan 1, 2024 | Commodities & Energy
[ad_1] Natural gas prices experienced a 2.36% increase, settling at 212.3, primarily driven by forecasts of colder weather and heightened heating demand in January. The surge was further fueled by record amounts of gas flowing to U.S. liquefied (LNG) export plants....
by admin | Dec 8, 2023 | Commodities & Energy
[ad_1] experienced a marginal decline of -0.09% yesterday, settling at 214.8, primarily driven by revised weather forecasts indicating milder conditions and lower heating demand through late December. The futures market has consistently conveyed bearish signals,...
by admin | Dec 2, 2023 | Commodities & Energy
[ad_1] Natural gas prices declined by 0.59%, settling at 234.9, driven by updated weather forecasts indicating less cold weather and lower heating demand over the next two weeks. Traders also noted that record output in the Lower 48 U.S. states provided utilities with...