US and European natural gas prices plummeted on Monday as warm temperatures and ahead-of-schedule storage levels eased winter concerns. The EU was reported ready to advance a dynamic price cap on LNG targeting the Dutch TTF hub, though member states still need to agree.
Warm weather and storage progress reduce demand for gas, and a possible EU price cap is seen as bearish for European prices. Lower gas costs ease energy and fertilizer pressure on feed production.
Após 34 eventos de política passados, Gás natural subiu em mediana -1,7% em 5 sessões (38% de alta; metade central de -7,4% a +2,5%), e +2,6% 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.
Warm weather, ahead-of-schedule EU storage and a possible LNG price cap lowered US and European gas prices together, adding sentiment pressure.