Regional natural gas forwards generally pushed higher at the front of the curve during the Feb. 29-March 6 trading period as ebbing production strengthened the price outlook for a market dealing with excess supply exiting winter, NGI’s Forward Look data show.

Fixed prices for April delivery at benchmark Henry Hub added 4.0 cents for the period to finish at $1.937/MMBtu, and aside from some selling in the Western Lower 48, most locations finished in positive territory week/week at the front of the curve.

EQT And Appalachian Basis

EQT Corp., the largest U.S. natural gas producer, made a splash during the Feb. 29-March 6 trading period when the company announced it is curtailing 1.0 Bcf/d of production through March.

The disclosed production cuts helped explain a notable...