north pacific

Natural Gas Futures Post Second Straight Gain as Production Eases, Cash Prices Strengthen

Natural Gas Futures Post Second Straight Gain as Production Eases, Cash Prices Strengthen

Natural gas futures rallied on Monday as production slipped, expectations for strong cooling demand increased and a cut to global oil supplies created potential support for LNG prices. Coming off a 1.4-cent gain Friday, the July Nymex gas futures contract gained 7.3 cents day/day and settled at $2.245/MMBtu to start the new trading week. August…

June 5, 2023