Power and industry demand to support Henry Hub prices

Strong gas demand from the power and industrial sectors will support Henry Hub prices this month
By Abhishek Kumar 8 March 2017

Spot and front-month futures prices at the Henry Hub are expected to receive additional support during March as demand for gas in the United States is expected to remain high. The US had a mild February, which resulted in the country making its first-ever net gas injection for the month in the week ending 24 February. However, fundamentals are likely to support prices over the coming weeks.

Preliminary weather forecasts suggest the US Total Degree Days (TDD) figure will average 561F in March 2017 compared with...

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