Natural gas prices traded lower as profit-taking set in and traders priced in warmer February conditions and fewer freeze-offs than expected. February gas settled 19.2 cents lower at $3.756.
Feedgas flows were disrupted by an offline Freeport LNG terminal before resuming, and a record storage draw was expected.
Feedgas disruptions at LNG terminals shift gas between domestic and export use, affecting energy costs for processors. Expectations of a record storage draw are supportive, but warmer forecasts limit upside for feed-related energy costs.
Tras 15 eventos neutral de clima pasados, Gas natural se movió una mediana de -5,0 % en 5 sesiones (27% al alza; mitad central entre -11,3 % y -0,9 %), y +4,6 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
Profit-taking and warmer February expectations with fewer freeze-offs than feared pushed February gas down 19 cents to $3.756.