Last week, U.S. natural gas futures notched their fifth weekly gain in a row, up 96% YTD and hit their highest settlement since October 2008. The front-month May contract (NG1:COM) jumped 16% for the week to settle at $7.30/MMBtu. The interesting part: investors are betting the surge will last for months, if not years. You can tell this by looking at trends in the nat. gas futures markets: futures due for settlement 10 months out are also trading above $7 on while the January 2024 contract is above $5, a clear indication of strong bullish sentiment…
Hence then, the article about canadian gas stocks are booming as henry hub prices soar was published today ( ) and is available onOILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Canadian Gas Stocks Are Booming As Henry Hub Prices Soar )