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Natural gas prices fell about 20% over three trading days after a late-January spike driven by snow and cold. The analysis cites Ukraine tensions and European LNG flows, along with La Niña and solar cycle effects on late-winter temperatures.
It notes that LNG exports were above average while Europe was turning warm.
Warmer European weather weakens LNG demand and limits gas price support from geopolitical risk. Lower gas prices ease energy costs for feed producers, while La Niña could affect later-season grain weather.
talkmarkets.comJames RoemerFeb 8, 2022Not 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.
