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Analysts expect U.S. natural gas prices to trend higher over the coming months, reaching above $3/MMBtu in winter. The forecast cites lower domestic production, rising winter heating demand, and recovering LNG demand in Europe and Asia.
Higher winter gas prices would raise energy and fertilizer costs for grain and feed producers. The move is an outlook rather than a new supply shock.
oilprice.comTsvetana ParaskovaSep 25, 2020Not 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.
