Laden…
UBS notes cold weather lifted US natural gas to its highest level since late 2022, with freeze-offs and the Freeport LNG shutdown disrupting supply. UBS expects end-March storage near 1.7-1.8 tcf, slightly below the five-year average, and sees near-term price pressure from milder February forecasts.
It raised its September and December price forecasts by $0.20/MMBtu on rising LNG exports.
Higher gas prices across tenors encourage switching from gas to coal in power generation, which can affect energy and processing costs for feed producers. Tighter storage and rising LNG exports support firmer gas prices later in the year.
ubs.com23 jan 2025Na 15 eerdere neutraal weer-gebeurtenissen bewoog Aardgas zich mediaan -5,0% over 5 sessies (27% hoger; middelste helft -11,3% tot -0,9%), en +4,6% 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.
