Loading…

U.S. natural gas prices gained over 2% on a Monday after cold weather froze some production wells in Texas, New Mexico and Colorado. Output losses during the New Year's weekend reminded the market of cold-weather supply risk.
Lost production tightens U.S. gas supply, supporting prices and feeding into fertilizer and energy costs for feed producers.
After 221 past bullish weather events, Natural Gas moved a median +3.3% over 5 sessions (61% higher; middle half -5.2% to +14.0%), and -0.3% 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.