Natural gas price jumps again after Tuesday surge as Arctic cold tightens grip
U.S. Henry Hub February natural gas futures surged 19.7% to $4.675 per mmBtu early Wednesday, following a 26.7% jump Tuesday. Traders cited colder weather forecasts and short covering. Next-day gas prices in New York soared nearly 200% to $11.76 per mmBtu, while Waha Hub prices stayed negative due to pipeline constraints. Attention shifts to Thursday’s U.S. storage report.
