US natural gas futures rose over 6% for a second straight day, settling at $2.597 per mmBtu, the highest close since September 18. The rally followed forecasts that cold weather across much of the country would persist through mid-November, which could bring earlier storage withdrawals.
Traders noted the front-month was technically overbought.
Colder forecasts raise expected heating demand and draw on storage, supporting prices into winter. Gas is a key fuel for power generation, so a sustained cold outlook also tends to lift feed-grain and energy-linked costs.
После 221 прошлых событий (события «погода»: бычий) Природный газ в среднем изменился на +3,3 % за 5 сессий (61% вверх; средняя половина от -5,2 % до +14,0 %) и на -0,3 % за 20.
Изменения бенчмарка каждого товара относительно последнего закрытия до события. Исторические данные объединяют прошлые события того же типа; они описывают случившееся, а не то, что произойдёт. Не является инвестиционной рекомендацией.
Futures surged over 6% for a second day to the highest close since mid-September on cold forecasts through mid-November that could bring earlier storage withdrawals (weather-driven demand).
Cold November forecasts lifted front-month futures over 6% in consecutive sessions, with the move extending through the 2019-10-28 window and raising expected heating demand and earlier storage withdrawals.