Americas Price trends
Forward and futures markets
Henry Hub futures are set to see further increases, helped by slow gas injection rates during the summer.
The Henry Hub front-month futures price reached an intraday high of $3.43/MMBtu on 12 May. This was its highest level since 26 January and was reached despite the fact that the country is in the shoulder months. Unusually high weather-related gas demand in the US has slowed injection rates.
The injection rate will slow further during the summer as...