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MARKET VIEW

First US Rig Count Gain in Weeks Sends Gas Futures Lower

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Published:
Fri, Jul 7, 2023
Author
Everett Wheeler, Washington
Editor
Mark Davidson
44296350-trading-graph.jpg
Maciek905/Dreamstime

August Nymex gas futures fell 2.7¢ Friday to $2.582 per million Btu — down 21.6¢ on the week — after data showed that US gas drilling activity rose for the first time in nine weeks.

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