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Barchart
Rich Asplund

Nat-Gas Prices Rebound as LNG Exports Expand

United States Natural Gas BNEF EIA

July Nymex natural gas (NGN26) on Monday closed +0.027 (+0.87%).

Nat-gas prices on Monday recovered from a 2.5-week low and settled higher. Short covering emerged on Monday amid signs of a rebound in US nat-gas exports, signaling strong foreign demand that could shrink domestic supplies. Nat gas flows to LNG export terminals on Monay jumped by +13.2% w/w to a six-week high of 19.3 bcf/day as seasonal maintenance ends and exports resume.

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