Commodity Market Report
North America gas weekly update: peak hurricane season
Report summary
The center of the US Gulf Coast energy infrastructure lies in the predicted path of a strengthening hurricane. Supply and demand side impacts are netting each other out so far, but will that continue? Henry Hub has continued its rally, with the September contract currently trading a dollar higher than where July settled. After Laura, the markets are focusing on greater LNG utililzation and production’s underperformance, which leads us to expect higher prices will remain.
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