
U.S. natural gas futures rose for a third straight session on Monday, with May Nymex contracts up 2.8% to $1.802/MMBtu. Traders expected gas output to fall as oil drillers shut shale production after crude's collapse to its lowest since 1986, and they also cited forecasts for cooler weather.
Associated gas from oil wells is a large share of U.S. supply, so cutting oil drilling tightens future gas output and supports prices.
Dopo 155 eventi macro rialzista passati, Gas naturale si è mosso in mediana di +0,1% in 5 sedute (51% in rialzo; metà centrale da -4,0% a +7,1%), e di +2,0% in 20.
Variazioni del benchmark di ciascuna materia prima rispetto all'ultima chiusura prima dell'evento. Le letture storiche raggruppano eventi passati dello stesso tipo; descrivono ciò che è accaduto, non ciò che accadrà. Non è consulenza di investimento.
Natgas futures rose for a third straight session as traders expected associated gas output to fall after oil drillers shut in shale production, a direct supply-side driver within the move window.
Natural gas futures rose for a third straight session on April 20 as traders expected associated gas output to fall after the oil price collapse, which is a direct supply-expectation driver within the window.