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Commodity Roundup: Gold eyes weekly loss, oil up on cold snap outage (Commodity:CL1:COM)

Commodity Roundup: Gold eyes weekly loss, oil up on cold snap outage (Commodity:CL1:COM)
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Fitch Solutions BMI Predicts Big Increase Coming in Henry Hub Price

BMI, a Fitch Solutions company, recently provided a price forecast for the Henry Hub gas price all the way out to 2028. BMI's forecast is much rosier than others we've read. The U.S. Energy Information Administration (EIA) recently predicted the Henry Hub price will average under $3/MMBtu in both 2024 and 2025. BMI, on the

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Commodity Roundup: Gold, oil down; China Q4 GDP data weigh on copper (Commodity:CL1:COM)

Commodity Roundup: Gold, oil down; China Q4 GDP data weigh on copper (Commodity:CL1:COM)
seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.

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NatGas Prices Make Huge Drop on Prospect of Warmer Weather

Well, that didn't take long. Yesterday we told you about the huge jump in the price of natural gas, both the futures price and the spot (physically traded) price, due to the brutal cold snap much of the country is currently experiencing (see NatGas Prices Make Huge Jump on Deep Freeze – Some M-U Prices

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NatGas Prices Make Huge Jump on Deep Freeze – Some M-U Prices 4X

U.S. natural gas and power prices hit multi-year highs on Friday with the prospect of frigid temps and snow storms in various portions of the country. The extreme cold was expected to bring record gas demand and cut supplies by freezing wells. The spot price of natural gas at various trading hubs from the West

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