Storm threat sends NATGAS 7% higher

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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