Laden…
Natural gas futures fell further on October 18 as a cold snap across the Lower 48 failed to lift demand as expected. The November Nymex contract settled at $5.745/MMBtu, down 25.4 cents, bringing the two-day loss to 70.8 cents despite a large drop in production tied to maintenance.
Weaker-than-expected heating demand despite cold weather signals a loose supply balance, pressuring natural gas prices. Lower energy costs ease input pressure on feed manufacturers.
naturalgasintel.comLeticia Gonzales18 okt 2022Na 104 eerdere neerwaarts weer-gebeurtenissen bewoog Aardgas zich mediaan -7,8% over 5 sessies (22% hoger; middelste helft -14,8% tot -0,8%), en -3,3% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.
Weak demand despite cold weather led to a further two-day loss of 70.8 cents, which is part of the selloff.
