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Natural gas comes to life on cooler late-October forecasts

We're rapidly heading towards heating season in North America and that means the weather is in focus again. The latest forecasts are for a cool second-half of October and that's helped to lift front-month natural gas above $3 for the first time since March.I highlighted at the start of the month that October is the best month -seasonally -- for natural gas (while it's the weakness for oil). Some of that is captured in the curve but today's price action also follows the pattern.The second driver... Read More

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Content Topics

Natural

Comes

Life

Cooler

Late

October

Forecasts

Late october

Forex

Posted: Oct 5 2023, 19:17

Author Name: forexlive

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