Natural gas prices slipped into a correction as EIA forecasts pointed to lower average prices this year than current levels. Updated weather models forecast milder temperatures over the next two weeks, reducing heating demand.
Key support sits near $3.70.
Milder weather forecasts reduce heating demand and pressure near-term gas prices, lowering energy costs for feed processing. The EIA's longer-term price rise view suggests the decline may be temporary.
Na 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.
Milder two-week forecasts reduced heating demand and triggered a correction with $3.70 support under threat, adding bearish sentiment.