Commodity Market Report
North America gas weekly update: Potential return of colder weather stabilizes recent price collapse
Report summary
After falling below $3.50/mmbtu, Henry Hub gas prices has stabilized above it with more normal winter potentially weather returning by the end of January. Despite such, US L48 storage will flip back to a surplus versus the five-year average and expand further as peak winter withdrawals disappoint. Mild temperatures in Europe are also resulting in healthy winter inventory levels as northern hemisphere winters typically correlate. Not surprisingly, European TTF gas prices for the remainder of the winter have collapsed under $20/mmbtu. Find out more about key drivers of the North America gas market: • How much higher will the near-term storage surplus expand? • Is supply continuing to grow at lower prices? • Are heating loads set to increase further?
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: Freeport LNG woes continue
Higher injections lie ahead amid mild shoulder season demand
$1,700
Commodity Market Report
North America gas weekly update: LNG underperformance ending
Welcome back Freeport LNG
$1,700
Commodity Market Report
North America gas weekly update: Injection season begins
Higher injections lie ahead amid mild shoulder season demand
$1,700