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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (145982)2/22/2023 10:08:59 AM
From: Goose94Read Replies (1) | Respond to of 202700
 
Nat-Gas: Falls Below US$2

It seems natural gas prices are giving up the ghost – Henry Hub, the U.S. benchmark, fell below US$2 per million BTU earlier this morning, the lowest level since 2020. It’s a huge reversal of what we’ve seen over the past year or so, as prices surged to a 14-year high due to supply concern stemming from the Russian invasion of Ukraine. Few factors at play here, chief among them abnormally mild temperature in North America weighing on demand in terms of heating, along with that fire at the Freeport LNG terminal knocking out export capacity, and thus a key source of demand on that front.

BNN.ca