
February Nymex natural gas closed down 0.118 (-3.35%) on Thursday after WSI forecasts showed broad above-normal temperatures across the western and central US over the next week. The weekly EIA report showed a larger-than-expected inventory draw of 119 bcf, but production near record highs and mild demand outlooks weighed on prices.
Warmer forecasts reduce heating demand and weigh on natural gas prices, while record US output adds bearish supply pressure. Lower gas prices reduce energy costs for feed processing, and the effect is modest for feed grain prices.
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.