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15.04.2020 Natural Gas Daily Analysis

Today Natural Gas is trading at $1.617 (-2.00%) as there has been less demand due to forecasts of warmer weather towards the end of the month

15.04.2020 Natural Gas Daily Analysis
Yazar: Zack Smith

Yayınlanma: 16 Nisan 2020 11:22

Güncellenme: 5 Kasım 2024 19:19

15.04.2020 Natural Gas Daily Analysis

Today Natural Gas is trading at $1.617 (-2.00%) as there has been less demand due to forecasts of warmer weather towards the end of the month. Warmer weather means less demand for space heating which then means a decline in natural gas decline. Demand for natural gas has fallen by 6% this week compared to a report released last week according to EIA. Even natural gas exports to Mexico have declined by 10%.
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