U.S. Natural Gas Prices Reach One-Week High Amid Record LNG Exports and Output Decline

Reported about 9 hours ago

U.S. natural gas prices rose by 2% to a one-week high, driven by record flows to LNG export facilities and a drop in daily production. April futures traded at $4.137 per million British thermal units, even as demand forecasts indicated a decrease due to mild weather. Despite lower expected demand, stockpiles remain about 12% below average due to winter withdrawals, while LNG exports hit a monthly record.

Source: YAHOO

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