Natural Gas Price Today: Henry Hub Slides, Europe’s TTF Tumbles as Mild Weather Cuts Demand
U.S. Henry Hub natural gas futures fell to $2.61 per mmBtu Tuesday, while Europe’s Dutch TTF contract dropped 7.55% to 42.91 euros per megawatt hour as mild weather cut demand. U.S. spot prices at the Waha hub in Texas stayed below zero for a record 47th day. U.S. gas storage stood 3% above the five-year average after a weekly build. China’s March gas imports dropped 10.7% to 8.18 million tons, the lowest since October 2022.