Natural gas prices rose by 3.12% to 274.1 despite a drop in daily output. The rise was despite forecasts for softer demand, ample storage, and stagnant LNG export flows. The average gas output in the Lower 48 states declined to 107.4 billion cubic feet per day in September, down from a record high of 108.3…
Natural gas prices rose by 1.86% to ₹273.9 due to declines in output and increased flows to LNG export plants. Freeport LNG’s plant in Texas is expected to return soon, bolstering export capacity. Despite forecasts of lower demand and abundant gas in storage, prices remain firm. Average gas output in the Lower 48 states fell…
Natural gas prices fell by 4.88% to 235.9 due to strong supply and limited demand triggers. Despite hotter-than-average summer conditions, record output has kept the market well supplied. Production in the Lower 48 states averaged 108.1 billion cubic feet per day (bcfd) in August, slightly above July’s 107.9 bcfd. However, daily output briefly dipped to…
