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U.S. natural gas futures rose for a third straight session on Monday, with May Nymex contracts up 2.8% to $1.802/MMBtu. Traders expected gas output to fall as oil drillers shut shale production after crude's collapse to its lowest since 1986, and they also cited forecasts for cooler weather.
Associated gas from oil wells is a large share of U.S. supply, so cutting oil drilling tightens future gas output and supports prices.
reuters.com20 de abr. de 2020Após 155 eventos altista de macro passados, Gás natural subiu em mediana +0,1% em 5 sessões (51% de alta; metade central de -4,0% a +7,1%), e +2,0% em 20.
Variações do benchmark de cada commodity desde o último fechamento antes do evento. As leituras históricas agregam eventos passados do mesmo tipo; descrevem o que aconteceu, não o que vai acontecer. Não é recomendação de investimento.
Natgas futures rose for a third straight session as traders expected associated gas output to fall after oil drillers shut in shale production, a direct supply-side driver within the move window.
Natural gas futures rose for a third straight session on April 20 as traders expected associated gas output to fall after the oil price collapse, which is a direct supply-expectation driver within the window.
