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Barchart
Barchart
Rich Asplund

Seasonal Maintenance Curbs US Nat-Gas Production and Boosts Prices

United States BNEF EIA Natural Gas

June Nymex natural gas (NGM26) on Tuesday closed up +0.090 (+2.98%).

Nat-gas prices on Tuesday added to Monday's gains, posting an 8-week nearest-future high. Annual spring maintenance has curbed US nat-gas production and boosted prices. However, gains were limited as the annual maintenance has also reduced US nat-gas exports to a 4-month low, boosting domestic supplies.

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