
US natural gas futures dropped about 5% from a two-year high on forecasts of milder late-January weather. Extreme cold over the holiday weekend was still expected to freeze wells and push heating demand to record highs.
Storage withdrawals were on track to erase the surplus over the five-year average.
Cold-driven storage draws and output losses tighten the gas balance and raise energy costs for grain drying and feed milling. The expected warming trend points to lower gas prices ahead, which eases those costs.
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.