U.S. Natural Gas Futures Give Back Some Gains
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 22 2024
0mins
Should l Buy ?
Source: WSJ
U.S. Natural Gas Futures: U.S. natural gas futures have declined by 5.1% to $3.168/mmBtu after a volatile trading session, influenced by milder weather forecasts and increasing production, which may reduce supply risks despite colder temperatures expected in the coming weeks.
European Natural Gas Prices: European natural gas prices remain high amid escalating tensions from the Russia-Ukraine war, with recent U.S. sanctions on Gazprombank potentially limiting Russian gas supplies to central Europe, while colder weather is depleting EU gas storage levels more rapidly.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
