Next-day prices for Thursday at the Henry Hub were up about 9% to $2.18 per mmBtu. The spot market has traded below front-month futures for 179 out of 215 trading days so far this year, according to data from financial firm LSEG. One bearish factor that has weighed on the futures market for much of this year has been lower spot or next-day prices at the Henry Hub benchmark in Louisiana. ![]() 3, the first withdrawal of the 2023/2024 winter season. Analysts forecast utilities pulled about seven billion cubic feet of gas from storage during the week ended Nov. EIA will resume its regular schedule next week. Energy Information Administration (EIA) said it would not release its weekly gas storage report on Thursday due to a planned systems upgrade. EST (1418 GMT), putting the contract on track for its lowest close since Oct. ![]() Front-month gas futures for December delivery on the New York Mercantile Exchange were down 2.8 cents, or 0.9%, to $3.078 per million British thermal units (mmBtu) at 9:18 a.m. ![]() natural gas futures eased about 1% to a fresh two-week low on Thursday on record output and forecasts for mild weather through late November that should limit heating demand and allow utilities to keep injecting gas into storage for a couple more weeks.
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