Natural Gas Prices Rise Again as Colder Forecasts Return — What Henry Hub, LNG Exports, Storage Data and Today’s Stock Market Mood Mean for Investors
Front-month NYMEX natural gas futures for January traded around $4.29/MMBtu Friday afternoon, up about 8.5% for the week as colder weather forecasts boosted demand expectations. Trading volumes remained thin after the holidays, amplifying price moves. Meteorologists projected lower temperatures through early January, lifting heating demand. U.S. natural gas production and demand both remain near record highs.