Mild weather pushes Henry Hub below $3/MMBtu

Mild weather will limit gains in Henry Hub front-month futures and spot prices during February, but the prices will still be high year on year
By Abhishek Kumar 15 February 2017

Persistent mild weather in the United States so far in February has weighed on Henry Hub front-month futures and spot prices. Meanwhile, above-average temperatures are forecast for the coming week, which in turn will limit gains in prices.

The Henry Hub front-month futures price has averaged $3.07/MMBtu so far in February, 6.7% lower than in January. The price dropped as low as $2.89/MMBtu on 14 February – its lowest level since November 2016. There is a 75% chance of above-average temperatures in the eastern US during...

Log in or register for a free trial to continue reading this article

Already a subscriber?

If you already have a subscription, sign in to continue reading this article.

Sign in

Not a subscriber?

To access our premium content, you or your organisation must have a paid subscription. Sign up for free trial access to demo this service. Alternatively, please call +44 (0)20 3004 6203 and one of our representatives would be happy to walk you through the service.

Sign up