Loading…
Natural gas prices fell about 9% during the week as the November contract expired, then the December contract moved slightly higher in the last two sessions. The article also reports oil prices slipping below $50 and US inventories falling again as imports stayed low.
Henry Hub was the benchmark referenced.
Falling gas and crude prices reduce input costs for fuel and energy-linked feed and fertilizer, while the inventory draw is supportive. Price moves here follow expiry-driven trading rather than a new supply shock.
focusonfracking.blogspot.comPosted by
rjsOct 30, 2016Not enough comparable past events yet for a historical read.
Not 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.
