Henry Hub spot gas hits lowest since early 1990s amid oversupplied market
March 15, 2024 Comments Off
Cash natural gas prices at the US benchmark Henry Hub sank to their lowest since the early 1990s in March 13 trading as mild weather and rising inventory levels keep the Gulf Coast market oversupplied. In mid-session trading, next-day gas prices at the Henry Hub were moving around $1.24/MMBtu, with even lower prices recorded at other Gulf Coast hub stretching…
Henry Hub spot gas hits lowest since early 1990s amid oversupplied market
Cash natural gas prices at the US benchmark Henry Hub sank to their lowest since the early 1990s in March 13 trading as mild weather and rising inventory levels keep the Gulf Coast market oversupplied. In mid-session trading, next-day gas prices at the Henry Hub were moving around $1.24/MMBtu, with even lower prices recorded at other Gulf Coast hub stretching…
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