All articles tagged with #henry hub
U.S. natural gas futures jumped about 45% in two days as an Arctic cold front boosts heating demand, lifting Henry Hub prices from roughly $3.40/MMBtu to over $4.70/MMBtu and signaling the biggest weekly gain in 35 years amid a tightening global LNG market.
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.
The US natural gas market is struggling, with Henry Hub trading at its lowest since the early months of the pandemic at $1.74 for March delivery, and prices below $2 extending through May. Despite these low prices, natural gas production continues to exceed last year's supply, leading to a challenging market outlook. The situation is not expected to improve soon, as weather forecasts indicate mild conditions, prompting concerns that sub-$1 prices may be necessary to bring discipline to the market.