Cooler US Temps Push Nat-Gas Prices Lower
4 Articles
4 Articles
Cooler US Temps Push Nat-Gas Prices Lower
June Nymex natural gas (NGM25 ) on Friday closed down by -0.028 (-0.83%). June nat-gas prices on Friday slid to a fresh 2-week low on the outlook for cooler US spring temperatures that will dampen nat-gas demand from electricity providers to power air conditioning. On Friday, forecaster Atmospheric G2 said...
Pulled in All Directions? Decoding the Drivers Behind U.S. Gas Prices
Natural gas prices in the U.S. are caught in a seasonal crosscurrent. As May shows, the market faces a delicate balance: rising temperatures in the South are ramping up power demand, LNG exports are hitting record highs, and European buyers are back in the market. Yet, soaring storage injections and robust domestic productions are constraining prices — for now. Top it off with economic..
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