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Henry Hub Extends Gains on Cold Weather

NATGAS

US Henry Hub extends gains to the highest since 22 March with cold weather forecast across the US in the current two week NOAA outlook and with LNG exports edging higher.

  • Front month has risen nearly 17% from a low of 1.957$/mmbtu on Friday despite production staying strong and healthy storage levels.
  • The latest EIA US drilling productivity report is due for release today at 14:00ET detailing the expected output from the US oil and gas shale producing regions for May.
    • US Natgas MAY 23 up 8.1% at 2.29$/mmbtu

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