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Natural gas futures were highly volatile in November, with the December contract surging to $4.929 and settling bidweek at $4.715. The NGI National Average rose to $5.14/MMBtu, nearly $2 above the prior year.
Analysts flagged weather-driven price outcomes for winter.
Sharp swings in gas prices affect energy costs for processors and feed producers, and the weather-dependent outlook keeps winter cost risk elevated.
naturalgasintel.comJeremiah ShelorDec 3, 2018Not 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.
