×
×

Americas - Price trends

Natural gas analysis & forecasts February 2019

Forward and futures markets

Ebbing concerns about low US gas inventories will be bearish for the Henry Hub front-month futures price.

Unseasonably mild weather in the US SCR during December 2018 and January 2019 resulted in lower net drawdowns of the region’s gas inventories, the impact of which is still evident on the front-month price. The region’s TDD figures averaged 616F per month during the period, much lower than the average of 708F per month seen during the same period in 2017-2018. The price has averaged $2.63/MMBtu...