Americas Price trends
July 2018
The Henry Hub front-month futures price could rise significantly during the 2018-2019 withdrawal season on storage concerns.
Rising gas production in the US has prompted bearish sentiment in the market. Nevertheless, the country’s power and industrial sector demand is growing, and more pipeline gas and LNG are being exported. Moreover, the weather is forecast to remain supportive of gas demand over the coming months, which will make it even more difficult to sufficiently replenish the US’s severely depleted gas inventories before the withdrawal...