Natural gas price jumps as Freeport LNG returns and storm fallout keeps market edgy
U.S. Henry Hub natural gas futures rose 4.2% to $4.081 per mmBtu Friday, driven by Freeport LNG’s increased feedgas intake and lingering supply disruptions after an Arctic blast. U.S. gas output remains below normal, while storage fell by 242 Bcf last week, exceeding forecasts. European gas prices slipped 1% as U.S. LNG exports ramped up. The next federal storage report is due Feb. 5.