US spot natural gas prices dipped back into familiar territory in the $2 to $3/MMBtu range in Feb. 22 trading as the storm-driven supply crunch continued to ease amid rising production and falling demand. At midsession, cash prices at US benchmark Henry Hub were trading at $2.84/MMBtu, down more than $2 from the prior session’s …
The post Rebounding production, falling demand bring US gas prices back below $3 first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John