Natural gas prices surge amid negative weather forecasts

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
Futures for natural gas surged to its highest level in four months, as the fresh weather forecast predicts snowy and cold winter in the U.S., which can boost demand for energy. Temperature in the U.S. has already dropped below average during October 19-28. Natural gas prices for delivery in November jumped 0.6%, reaching $3.799 per million thermal units. This year prices have already added 13%.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Souscrire
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.