U.S. Natural Gas Futures Give Back Some Gains
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 22 2024
0mins
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.
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.
