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U.S. natural gas prices have climbed to their highest level in more than a decade. Strong export demand has drained U.S. storage as shortages in other regions and fears of Russian supply interruptions pull LNG demand higher.
Heavy LNG export pull reduces the U.S. storage cushion, which supports Henry Hub prices and raises natural gas costs for nitrogen fertilizer producers, feeding into urea and feed grain costs.
reuters.comJohn KempApr 8, 2022After 59 past bullish trade events, Natural Gas moved a median +1.3% over 5 sessions (61% higher; middle half -2.7% to +10.6%), and +8.0% 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.
