Natural Gas Outlook: Henry Hub Firms on Colder Forecasts as LNG Flows Stay Near Records
U.S. natural gas futures rose about 1% Friday to $4.29 per mmBtu, snapping a two-week slide as forecasts turned colder for early January. Lower 48 production remains at record highs, while demand is projected to climb with increased heating needs. Holiday trading volumes stayed thin, making prices more sensitive to weather shifts. A rescheduled federal storage report is due during regular U.S. trading hours Monday.