Commodities Analysis by Investing.com (Barani Krishnan) covering: Natural Gas Futures, WisdomTree Natural Gas 1x Daily Short, TR/CC CRB Natural Gas, iPath® Bloomberg Natural Gas Subindex Total Return(SM) ETN. Read Investing.com (Barani Krishnan)'s latest article on Investing.
Longs stick to mid-$3 pricing, dismissing talk that the current winter could be as warm as the last oneIt’s Halloween week and all of the United States should be shuddering from both the spookfest and the weather.
We will continue collecting energy data from survey respondents and will resume our regular publishing schedule on November 13.” Sodergreen particularly cited power burn numbers for gas from data provider ResComm, “which should be almost off the charts”, he said, when they are finally published.Back to the weather, a more serious debate on the temperature has also emerged, with some arguing that the winter season hasn’t even officially begun.
The shift in trading came as weather forecasts shaved some demand expectations with the winter’s first decent cold shot across the Lower 48 US states set to ease by the weekend. But the cold spell is expected to quickly give way to a warm-up across the South Central, Southeast, and Northeast Thursday to set up the weekend for above-normal temperatures, according to Deger.“The Nov. 4-15 pattern will be to the bearish side with most days showing well below-normal heating degree days besides near normal Nov. 9-11.”
“In our view, other producers likely occupy a similar hedging outlook, suggesting further downward pressure in coming months as the natural gas sellers layer on protection,” Rubin said.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Oil Bulls’ Unlearned War Lesson: $100 Pricing Needs Real Trade DisruptionCommodities Analysis by Investing.com (Barani Krishnan) covering: Brent Oil Futures, Crude Oil WTI Futures, ProShares UltraShort Bloomberg Crude Oil, ProShares Ultra Bloomberg Crude Oil. Read Investing.com (Barani Krishnan)'s latest article on Investing.
Read more »
Gold: Back to $1,800s If US Yields Don’t Back Off?Commodities Analysis by Investing.com (Barani Krishnan) covering: XAU/USD, Gold Futures, SPDR® Gold Shares, ProShares UltraShort Gold. Read Investing.com (Barani Krishnan)'s latest article on Investing.com
Read more »
Active vs Passive Investing: Top Stock Investing TipsUnderstand the differences and unique selling points of active and passive investing to enhance your trading and investment strategy.
Read more »
Natural Gas Futures: Further correction should not be ruled outConsidering advanced prints from CME Group for natural gas futures markets, open interest rose by around 2.
Read more »
Criminal charges announced in PA natural gas explosion that leveled home, injured 3On Wednesday Democratic Pennsylvania Attorney General Michelle Henry announced criminal charges against Equitrans L.P. over a 2018 natural gas explosion.
Read more »
PayPal Earnings Preview: Can New CEO's Plans Breathe Life Into the Falling Stock?Stocks Analysis by Investing.com (Damian Nowiszewski) covering: PayPal Holdings Inc, PayPal Holdings Inc. Read Investing.com (Damian Nowiszewski)'s latest article on Investing.com
Read more »