empty
 
 

19.08.202615:07:09UTC+00US Natgas Prices Rise to Over 3-Week High

US natural gas prices climbed above $2.80 per million British thermal units, the highest level since July 24, as forecasts signaled hotter weather across much of the country. Short‑term temperature outlooks have turned more supportive, with Houston temperatures expected to average around 100°F (38°C) from August 20 to 23. In addition, warmer‑than‑normal conditions are projected to persist through early September.

Still, ample supply continues to cap further price gains. Lower‑48 production has averaged about 111.5 billion cubic feet per day so far in August, surpassing July’s monthly record of 110.7 bcfd. Strong output and relatively mild spring weather have kept inventories above their five‑year average since March, despite the ongoing summer heat.

At the same time, gas deliveries to the nine major US LNG export facilities have averaged 17.2 bcfd in August, unchanged from July and just below June’s record level.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In August we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


现在无法通话?
提出您的问题,用 在线帮助.
Widget callback