Why Are US Natural Gas Prices Rising Today?
4 Articles
4 Articles
Why are US natural gas prices rising today?
US natural gas prices have climbed 2% to an 11-week high as forecasts for cooler weather point towards higher heating demand. Falling daily output and rising gas flows to LNG export plants also supported prices, while US gas production remains near record levels and storage stays above the five-year average.
Natural gas futures prices on the New York Mercantile Exchange (NYMEX) have increased
Future contracts for natural gas in the United States have risen at their highest levels 11 weeks ago, supported by the forecast of temperature drops over the next two weeks, raising demand for heating, as well as declining daily production and increasing flows to liquefied natural gas export stations. Future gas contracts on the New York Trade Exchange rose by about 3% during the [...] US gas prices record the highest level in 11 weeks, written…
Coverage Details
Bias Distribution
- 100% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
