driving down natural gas spot prices in both years and contributing to multiple monthlyrecord lowsset in 2024. Because we expect demand to exceed supply over the next two years, the natural gas spot price increases in our forecast, and natural gas inventories fall below rolling ...
Natural gas spot prices at most market locations increased more than 30 percent as the peak winter heating season drew closer, the Energy Information Administration noted in its December 2 update. The bull market stampeded another bearish storage report. Estimated working gas in underground storage ...
In March, the U.S. benchmark Henry Hub natural gas spot price averaged $2.62 per million British thermal units (MMBtu), which is down from the February average of $5.35/MMBtu. The Henry Hub price declined primarily because the cold weather and related high demand and market disruptions ...
Natural Gas Natural gas spot prices at Henry Hub likely will exceed $6.00 an MMBtu in the first quarter of 2023, up from November’s monthly average of $5.50, EIA projects (Figure 3). The agency attributes the increase to higher winter natural gas demand and rising LNG exports. FIGURE ...
The 2022 average wholesale US natural gas spot price at the Henry Hub was the highest in real and nominal terms since 2008, averaging US$6.45 per million Btu, according to data from Refinitiv Eikon. Daily prices reached a high of US$9.85/Btu on 22 August 2022 and a...
down from $2.54/mmBtu in 2023. But gas prices in the second half of 2024 will be higher than they were in both the first six months of this year and in the back half of 2023, and prices will continue to rise in 2025. The spot price at the Henry Hub will aver...
Energy Information Administration Short-Term Energy Outlook forecasts the Henry Hub natural gas spot price will average $3.52 per million British thermal units (MMBtu) during the 2015 winter, down from the 2014 winter’s $4.51 per MMBtu. The 2015 Henry Hub natural gas spot price will aver...
The Henry Hub average daily natural gas spot price has hit its lowest level since December 1998. Citing Natural Gas Intelligence data, U.S. Energy Information Administration notes that the Henry Hub reached $1.38 per million British thermal units (MMBtu) After starting 2020 relatively low, the ...
Stay informed on the latest trends in natural gas futures as traders react to EIA data and snowy weather patterns. Find out how market players are navigating price shifts and supply/demand dynamics, and stay ahead of potential market movers.
"The upward revision reflects more forecast associated natural gas production from oil-directed wells in the Permian region," according to the monthly report. Natural gas prices were seen recovering from 2020 lows. "The US benchmark Henry Hub natural gas spot price continues to increase after ...