Loading…
Open interest in Henry Hub natural gas futures reached an all-time high of 386,826 contracts on the NYMEX. Traders are betting that growing US LNG exports will tighten supply and lift prices this winter.
Record speculative positioning ahead of forecast cold weather suggests upward price pressure on US gas. Higher gas costs can raise nitrogen fertilizer and processing expenses.
marinelink.comEric HaunNov 30, 2017Not 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.
