Market Watch

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September gas futures finished with a 5.4¢ gain Monday to $8.283 per million Btu, but not before plumbing $7.753 on increasingly bearish weather outlooks and production gains. The recovery apparently stemmed from news that some production at Freeport LNG would resume in October, although Freeport said as much in June. The 12-month strip rose 4.5¢ to $6.751; the 2023 calendar strip gained 3.5¢ to $5.668 (Futures tables).

Topics:
Gas Demand, Gas Inventories, Gas Supply, Gas Prices, Gas Pipelines
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