Energy Price Hub

Daily updates 01/15/2021

U.S. Natural Gas Pressing higher as bullish traders continue to place bets that frigid air arriving in the Rockies and Northern Plains next week will eventually push eastward toward major demand centers. The Feb-2021 contract is 7.1 cents higher at $2.737.
U.S. Weather The 6-10 day forecast is calling for above-normal temperatures to cover much of the eastern half of the nation, with below-normal temperatures throughout much of the western half.
U.S. Dollar Stronger than major rivals as investors are seeking relative safe-haven assets following today's batch of worrisome economic data.
Oil Sliding lower as expanding lockdown measures in China raised demand concerns and weighed on market sentiment. The Feb-2021 WTI contract is $1.25 lower at $52.37.
Equity Markets In retreat after the Commerce Department revealed retail sales declined for the third month in a row during December.
Geopolitics Italian Prime Minister Giuseppe Conte lost his majority rule after ex-PM Matteo Renzi withdrew his small party over objections to a large COVID aid package.

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