Natural Gas Spot Prices Rise While Futures Falter
Next-day physical pricing for natural gas strengthened in most regions, bolstered by strong LNG exports and anticipated temperature drops.
Next-day physical pricing for natural gas strengthened in most regions, according to NGINaturalGas. The spot market found support even as futures faced downward pressure.
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The upward movement in spot prices was supported by robust liquefied natural gas (LNG) exports and an expected cooldown in the Upper Midwest and Northeast.
Key facts
- Next-day physical pricing strengthened in most regions.
- Robust LNG exports helped support the spot market.
- An expected cooldown in the Upper Midwest and Northeast contributed to the price support.
Source: naturalgasintel.com
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