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US natural gas futures held steady as mild weather offset expected increases in LNG exports. Storage injections ran well above normal, leaving inventories at healthy levels for winter.
Mild weather and strong storage build limit upside in US gas prices despite the planned LNG export rise. Stable energy costs keep fertilizer and processing costs steady for feed buyers.
financialpost.comReutersOct 26, 2022After 15 past neutral weather events, Natural Gas moved a median -5.0% over 5 sessions (27% higher; middle half -11.3% to -0.9%), and +4.6% over 20.
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.
