Commodity Market Report
North America gas weekly update: Henry Hub gas prices back down to the abyss
Report summary
The weather giveth, and the weather taketh away. A heat wave last week resulted in the lowest injection of the summer, rallying August prices to near $2.50/mmbtu. The bullishness was short-lived, however, as again short-term weather forecasts returned temperatures below normal for the end of July. In a roller coaster move, prices again dipped below $2.25/mmbtu. Fundamentally, Hurricane Barry had more of an effect on supply than demand, but future heat in August could prove that once again, weather can be fickle.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
North America gas weekly update: Henry Hub gas prices extend mini rally
Is a cooldown on the horizon?
$1,700
Commodity Market Report
North America gas weekly update: Henry Hub tumbles with rebound to warmth
But storage surplus takes a hit from recent cold.
$1,700
Commodity Market Report
North America gas weekly update: Henry Hub searches for a lifeline
Storage surplus continues to expand
$1,700
