Henry Hub gas futures hold early August increases as US market fundamentals tighten

NYMEX prompt-month natural gas futures prices held on to prior-week increases in Aug. 12 trading amid growing signs that recent cuts to US gas production are beginning to tighten domestic market supply. In morning trading, the Henry Hub prompt-month futures contract climbed to its highest since early July, changing hands at just over $2.25/MMBtu. By mid-session, September gas prices had… NYMEX prompt-month natural gas futures prices held on to prior-week increases in Aug. 12 trading amid growing signs that recent cuts to US gas production are beginning to tighten domestic market supply. In morning trading, the Henry Hub prompt-month futures contract climbed to its highest since early July, changing hands at just over $2.25/MMBtu. By mid-session, September gas prices had… Read More