Will winter wake up natural gas prices? [Webinar]

Since the end of last year gas prices in the United States have been gradually increasing, responding to the increased demand resulting from the extreme frosts that hit North America. However, meteorologists predict that in the following days the temperature in the northern part of the United States will slowly normalize and will exceed the zero mark at the end of January. What's next for natural gas prices? An analyst will answer questions about this market next Wednesday, January 24 XTB Michał Stajniak, CFA.

Changeable weather, changeable gas prices

The first weeks of winter in the United States were not much different from late autumn. The average temperature in New York remained around +5 degrees Celsius, and in mid-December it reached almost 18 degrees Celsius. The warm winter was not favorable to prices natural gas, which have been in a clear downward trend since the end of October. The situation changed with the arrival of bitter frost and snowstorms, which partially paralyzed the eastern coast of the United States and pushed NATGAS prices to around USD 3,30. However, this situation appears to be temporary, and long-term weather forecasts already indicate that temperatures will likely return above freezing. Are the declines in natural gas prices that started this week just a correction or the beginning of a longer trend?

He will answer questions about the situation on the natural gas market in both the United States and Europe next Wednesday, January 24 at 19:00, analyst XTB and the holder of the prestigious CFA title, Michał Stajniak.

Take part in a free online meeting and find out:

• What awaits the gas market in 2024?
• Will the return of a cold winter stimulate demand for natural gas?
• Will we see a return to declines in the long term?

A new series of online meetings for investors

Wednesday's meeting inaugurates a completely new series of thematic webinars that every investor will appreciate. Every month, XTB analysts will look at the most interesting assets on the commodity market. During the thematic online meeting, both the fundamental situation of the selected market - natural gas - will be discussed. oil, gold, wheat and others - as well as its technical side.

About the host

Michał Stajniak - Raw Material Market Analyst in XTB. It places particular emphasis on the linkages between the behavior of commodity prices and the currencies of economies heavily dependent on exports of commodities such as oil, iron ore, gold and powdered milk. He is the author of frequent comments comparing commodity price indices with currency pairs such as AUDUSD, NZDUSD, USDCAD, USDNOK, or EURNOK. He represents XTB in the media (including TVN24 BIS, Polsat News, TVP Info, Bankier TV or Onet TV) and is the author of articles in the financial press such as Parkiet, Puls Biznesu and Dziennik Gazeta Prawna. He is a practitioner of the stock market and the derivative market. In his approach, he values ​​fundamental analysis above all, but often uses Fibonacci levels to determine the demand and supply zones needed in a Price Action strategy. A graduate of Quantitative Methods in Economics and Information Systems at the Warsaw School of Economics.

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