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U.S. natural gas futures slipped to a three-week low as output recovered quickly from freezing weather. Forecasts called for warmer-than-normal weather over the next two weeks.
The front-month contract was down about 15% for the week, its largest weekly drop since December.
Rebounding output and warmer forecasts reduce heating demand and loosen supply, pushing gas prices lower. The oil-to-gas price ratio widened, which may keep U.S. drilling focused on oil rather than gas.
boereport.comReuters11 feb 2022Tras 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.
