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Natural gas prices fell 1.4% on December 24, 2019, after a 5.5% drop the previous day, closing at their lowest since August. Warmer-than-normal weather was forecast for most of the East Coast over the next 6 to 14 days.
EIA data showed total supply flat week over week.
Expected warm weather should reduce demand and turn inventory draws upward, supporting a bearish near-term price outlook. Technical sell signals point to further downside unless colder weather returns.
fxempire.comDavid Becker24 dic 2019Tras 104 eventos bajista de clima pasados, Gas natural se movió una mediana de -7,8 % en 5 sesiones (22% al alza; mitad central entre -14,8 % y -0,8 %), y -3,3 % 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.
