North American gas

Published at 14:57 19 Apr 2017 by

Storage levels have started to climb, and last week’s 10 bcf injection was largely in line with our expectations and those of the market. With overall lower-48 temperatures still looking seasonally mild, HDDs are beginning to lose their sway over demand. Indeed, Henry Hub (HH) cash prices softened at the end of last week on the milder weather before ticking higher in the last two days on some cooler weather. HH cash prices averaged 3.06 $/mmbtu over 11-18 April, down by 4% from the week before...

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