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Henry Hub Eases Back on Israel Ceasefire Talks

NATURAL GAS

US natgas is erasing some of its earlier gains driven by a decline in the wider energy complex following reports from Al Jazeera that negotiations on a ceasefire and prisoner exchange are ongoing, mediated by Qatar. Front month Henry Hub rose to the highest level in over two weeks earlier in the session after a smaller-than-expected build in US gas inventories yesterday.

  • US Natgas NOV 23 up 1.6% at 3.26$/mmbtu
  • US Natgas APR 24 up 0.6% at 3.15$/mmbtu
  • US Natgas OCT 24 up 0.2% at 3.46$/mmbtu

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