Natural gas prices fell 3.22% to ₹300.6 on lower heating demand and lower-than-expected output from frozen wells. Daily gas supplies in the eastern United States fell to a six-week low of 102.6 billion cubic feet (Bcf) due to severe cold in the eastern United States, and in January, gas flows to LNG export plants rose to 15.1 billion cubic feet per day,
Meteorologists expect cooler-than-normal weather across the United States through January 21. Current forecasts suggest gas consumption in the lower 48 states will increase from 146.2 Bcf/day this week to 148.8 Bcf/day next week, with a daily high of 155.8 Bcf on January 14. U.S. The week ending December 27, 127 Bcf lower than forecast, reduced total stocks to 3,414 Bcf and reduced the five-year average surplus to 4.7%.
