Storm threat sends NATGAS 7% higher

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We are entering a period when NATGAS prices become seasonally very volatile. While it’s not November yet (when winter temperature projections can decide over huge price moves) NATGAS is up over 7% today on the news that a new storm is shaping up in the Caribbean. The storm could potentially disrupt production and exports just at the time when it began normalizing following previous similar occurrences. NATGAS is still nearly 10% off September lows.

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This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

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