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Historic Freeze Fuels Monstrous Weekly Natural Gas Price Rally, Leaves Texas Out in the Cold
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LNG
Global natural gas prices continued to climb on Monday amid hotter weather, supply constraints and increasing competition among buyers. The prompt Dutch Title Transfer Facility gained 4% Monday to finish just above $10/MMBtu. The contract increased by 9% last week, when the Japan-Korea Marker also climbed by 3%. Extreme heat has gripped South and Southeast…
May 6, 2024Haynesville Shale
Permian Basin
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