Items Tagged with 'prices'

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Storage Shortage, Growing Demand Put Pressure on June Natural Gas

Natural gas forward prices for June rose an average 6 cents from May 11 to 17 as weather forecasts for the second half of May leaned toward more widespread warmth, with weak pricing likely to incentivize more power demand. Meanwhile, a storage report that confirmed the market’s concerns about current deficits weighed on forward prices through the summer, according to NGI’s Forward Look. Read More