Forecasts of Higher Demand and Gas Flow To Lng Export Plants Contribute To Natgas Gains
Natural gas prices surged by 4.65% yesterday to end at 225.2, on the back of increasing gas flows to liquefied natural gas (LNG) export plants and projections of higher demand for the next week. Notwithstanding, indications of heightened drilling activity, lower-than-anticipated demand this week, and apprehensions regarding the substantial excess gas in storage limited the…