Natural gas futures crossed $7.00/MMBtu again this week, and global supply worries gained traction when Russia said it was cutting off gas access to Poland and Bulgaria.

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Rystad Energy analysts said the action by Russia “should be viewed as a precedent.” Meanwhile, U.S. natural gas production also failed to find momentum, dropping to around 93 Bcf/d.

On Wednesday, the May New York Mercantile Exchange contract rolled off the board at $7.267, up 41.7 cents on the day. The June contract, which moved to the front of the Nymex curve on Thursday, climbed 36.1 cents to $7.339.

Mexico natural gas imports from the United States, meanwhile, also began to rise as the country moved to its high demand period. On Thursday, Mexico imports via pipeline crossed the 6 Bcf mark by reaching...