
U.S. natural gas futures fell about 4% to a three-month low as oil and European gas prices dropped and forecasters called for milder U.S. weather over the next two weeks. Gas prices have declined for eight weeks as record domestic output and reduced LNG exports let utilities inject more gas into storage.
Milder weather cuts heating demand and record output keeps storage building, which weighs on natural gas prices. Lower gas costs also reduce the energy cost backdrop for feed processing.
Setelah 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.
Prices hit a three-month low as milder forecasts, record output and reduced LNG exports raised storage injections, a bearish supply/demand mechanism within the window.