Cold Weather, LNG Demand Lift U.S. Natural Gas Prices, Analysts Say

1 min read
Source: Rigzone
Cold Weather, LNG Demand Lift U.S. Natural Gas Prices, Analysts Say
Photo: Rigzone
TL;DR Summary

U.S. natural gas rose to about $3.50/MMBtu as colder weather boosts heating demand, and steady LNG purchases plus short-covering support prices; there’s no sign of a supply disruption and U.S. production/storage remain comfortable, with longer-term forecasts offering mixed outlooks depending on winter weather and demand.

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