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Same-day UK and Dutch gas prices more than doubled as freezing weather boosted heating demand. Unplanned outages, including a Norwegian processing plant and the only Netherlands-to-UK pipeline, plus Dutch production curbs and the closure of Britain's largest storage site, tightened supply.
Europe's gas supply stress raises energy and fertilizer input costs and can pull LNG cargoes away from other buyers, supporting natural gas prices.
worldoil.comMathew CarrFeb 28, 2018After 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.
