NATGAS down 5% – The first trading session of the new week is marked by a big drop in US natural gas prices


The first trading session of the new week is marked by a large drop in natural gas prices in the USA (NATGAS). At press time, the commodity is trading at about 5%. Prices are trading under pressure after new forecasts pointed to above-average temperatures in the United States in the near future. In addition, high-quality products are the result of a long-term upward movement. For the first time since 2009, the capacities in Europe are 99.5% full.

Natural gas reserves in Europe have been 99.5% full since 2009. The compositions are above average even in the published list. Source: Bloomberg

You temperatures forecast for the United States in five 14 days so increase the pressure on the NATGAS market today. Source: Bloomberg Finance LP


NATGAS is trading about 5% no and testing lows since 25th Jan. Source: xStation5

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The article is in Czech

Tags: NATGAS trading session week marked big drop natural gas prices


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