Laden…
Natural gas prices and related ETFs surged on Monday as long-range forecasts pointed to heavy heating demand across the Midwest and East. The United States Natural Gas Fund gained 12.7 percent, and Nymex futures rose 13.3 percent to $3.51 per mmBtu.
Bespoke Weather Service said a significant cold shot was expected through Jan. 22, with further cold possible into early February.
Forecasts of sustained, near-record gas-weighted degree days raise expected heating demand and draw down storage. This supports natural gas prices and leveraged gas products.
etftrends.comMax Chen14 jan 2019Na 221 eerdere opwaarts weer-gebeurtenissen bewoog Aardgas zich mediaan +3,3% over 5 sessies (61% hoger; middelste helft -5,2% tot +14,0%), en -0,3% 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.
Long-range forecasts of heavy heating demand through Jan. 22 and possibly into February drove Nymex futures up about 13%, confirming the weather-demand mechanism.
