Laden…
Henry Hub February futures fell from $3.99 to $3.42/mmBtu in a week, and March contracts closed below $2.85. Bearish heating demand revisions for the first two weeks of January were projected to add roughly 300 Bcf to storage.
The analysis projects end-of-season storage near 1.85 Tcf under normal weather.
Heavier storage builds and lower heating demand expectations push forward curves lower, and a bearish February outlook could push end-of-season storage above 2 Tcf. That keeps downside pressure on prices.
hfir.comHFI Research7 jan 2026Na 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.
Analysis of bearish demand revisions adding about 300 Bcf to storage explains the market pricing in a mild winter, though it is dated slightly after the window.
