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February Nymex natural gas closed up 7% after rallying for six straight sessions to a two-month high. Forecasts showed an arctic air mass advancing across the northern US and the South, including Texas, while a strong El Niño was expected to keep temperatures above average.
Expected heating demand from the arctic air supports gas prices, while the warm El Niño outlook limits the upside over the longer period.
ibestmedia.com9 Jan 2024Setelah 221 peristiwa cuaca bullish sebelumnya, Gas Alam bergerak median +3,3% selama 5 sesi (61% lebih tinggi; separuh tengah -5,2% sampai +14,0%), dan -0,3% 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.
Published on 2024-01-09, it reports a roughly 7% surge in February Nymex gas on arctic-air forecasts, which directly explains the day's large move through a spike in expected heating demand.
