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U.S. natural gas futures rose about 6% on Jan. 26 to a one-week high as traders priced in higher heating demand in two weeks.
Prices had dipped earlier on warmer forecasts and a slow return of LNG export plants to full service after the late-January freeze.
Short-term weather-driven demand swings in gas move energy and fertilizer costs, but the warmer outlook limits the durability of the rebound.
brecorder.comReutersJan 27, 2024Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
