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U.S. natural gas prices rose about 6% early Wednesday to $4.298/MMBtu as frigid weather lifted heating demand across much of the country. Traders also weighed fears of disrupted gas flows to Europe amid the Russia-Ukraine crisis.
Strong weather-driven demand and rising LNG exports are tightening domestic supply, pushing energy costs higher. Higher gas prices lift input costs for feed manufacturers and grain processors.
oilprice.comTsvetana ParaskovaJan 26, 2022After 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.
