(Investing) – Natural gas prices have dropped sharply this month, a move Morgan Stanley links to milder late-February weather and a rapid recovery in supply following Winter Storm Fern. Analyst Devin McDermott wrote in a note to clients that prices “have pulled back ~29% so far in February alongside a milder shift in weather,” adding that the recent reversal in
(Oil & Gas 360) – Infrastructure Trends Power Our Bullish Oil & Natural Gas Outlook Because Expectations Are Extra Low But Cold Air Definitely Exists. While Summer 2024 was warmer than normal, cool air existing dropped the Henry Hub spot price from $2.80 down to $1.80. Winter 2023/24 delightfully mild greatly minimizing natural gas demand resulted in a warmer-than-normal April (Figure
(Oil and Gas 360) – While Temperatures Delightfully Mild Keep The Consensus Natural Gas And Oil Bearish, Deep Data Continues Showing Bullish, Supply/Demand Trends. Our prediction, that many will soon be caught oil and natural gas short is based on our decades of analysis of The Climate and constant focus on the economy and markets. Last week last year natural gas produced
