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U.S. natural gas inventories have been drawn down faster than average this winter despite warmer-than-normal temperatures. Strong European and Asian demand has boosted U.S. LNG exports and tightened the domestic market.
Lower storage going into the injection season raises the need for a large rebuild, which supports U.S. natural gas prices and keeps feedstock and energy costs elevated for feed processors.
reuters.comJohn KempFeb 18, 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.
