Market Watch

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.

June gas futures dropped 18.5¢ Monday to $2.40 per million Btu, giving back much of the ground it gained after last week’s storage injection fell short of expectations. “As we approach the June contract rollover, price action is likely to be uncertain,” Gelber & Associates analysts said. “There are still bearish fundamentals in the market; however, as we saw last week a bull run is not out of the equation.”

Gas Demand, Gas Inventories, Gas Supply, Gas Prices, Gas Pipelines
Wanda Ad #2 (article footer)
Azerbaijan's Socar has signed a contract to supply 100 million cubic meters of natural gas to Hungary in the fourth quarter of this year.
Mon, Jun 5, 2023
Abundant supply and lackluster demand sent July gas futures 24.5¢ lower in the short post-Memorial Day week.
Fri, Jun 2, 2023