Memuat…
Natural gas prices plunged on forecasts for average or above-average temperatures across most U.S. population centers by mid-January. The drop followed a 40% rally over the prior two months fueled by hedge fund buying.
Warmer forecasts cut heating demand, and unwinding speculative longs adds downward pressure in the near term.
daily.energybulletin.orgTom Whipple5 Jan 2017Setelah 104 peristiwa cuaca bearish sebelumnya, Gas Alam bergerak median -7,8% selama 5 sesi (22% lebih tinggi; separuh tengah -14,8% sampai -0,8%), dan -3,3% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
Explains the plunge as a weather-driven reversal of a hedge-fund-fueled 40% rally (positioning and sentiment), though it was published after the move date.
