Americas Price trends

Forward and futures markets

Severely depleted US gas stocks will continue to support the Henry Hub front-month futures price.

The front-month price has continued receiving support into May – even though it is a shoulder month and within the injection season – as the US market becomes aware of the scale of the storage problem ahead. Temperatures in the US are expected to be above average this summer, and gas exports from the country are also set to remain high, which will support prices. The Henry Hub...