
US natural gas futures fell about 5% to a seven-week low on Tuesday, with the November contract at $2.201 per mmBtu. Forecasts for mild weather through mid-November and rising output squeezed demand.
The December premium over November was on track for a record high.
Mild weather cuts heating demand while rising output adds supply, pressuring spot prices. The record December premium signals expectations of looser near-term supply versus later winter demand.
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.
Directly describes the Oct 30 session: Nov contract expiry at $2.201 and the record December premium over November reflect the roll to the more expensive front month, which plausibly explains a large continuous-series jump.