Traders Spooked by El Nino Grind Winter Gas to a 16-Year Low

Updated on
  • El Nino has traders expecting a warmer winter in the U.S.
  • Warm Pacific waters are disrupting global weather patterns

Lingering summer heat and a weather phenomenon that’s raising expectations of a mild winter have put natural gas bears in control of the market for the first time heading into the peak heating season.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.