Mild US weather weighs on Henry Hub prices

Henry Hub gas prices are expected to remain bearish at the start of February, but they will receive support as cold weather returns in the second half of the month Henry Hub gas prices are expected to remain bearish at the start of February, but they will receive support as cold weather returns in the second half of the month.
By Abhishek Kumar 1 February 2017 0 24449

Henry Hub front-month futures and spot prices have come under pressure as the latest weather forecasts predict a mild start to February 2017 in the United States. Nevertheless, the month as a whole is forecast to be colder than February 2016, which will support prices in the second half of the month.

Weather forecasts indicate a 45% chance of above-average temperatures in the US during the next 6-10 days and there is a 75% chance of mild weather in Louisiana, where the Henry Hub pricing point...

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