US natural gas futures held at an over one-week low around $2.99 per MMBtu as forecasts for below-normal weather pointed to weaker demand. Forecasts for below-average temperatures across California through May 30 and in the eastern half of the US between May 31 and June 4 are likely to reduce demand from electricity providers for air-conditioning. Still, further declines were limited by a drop in production and improving LNG export activity. Gas output in the Lower 48 states averaged 109.4 billion cubic feet per day so far in May, slightly below April’s 109.8 billion. At the same time, gas flows to LNG export plants increased to an estimated 18.4 billion cubic feet per day on Tuesday, nearly 9% higher than the previous week, as several facilities resumed operations after seasonal maintenance had briefly diverted supply back into the local market.

Octalas AI

الربح

الجميع يسارعون إلى خفض التكاليف. أما نحن، فنسرع نحو تحقيق الأرباح.

ابدأ البيع من خلال تقديم الخدمات

ابدأ الفترة التجريبية

مجانًا لمدة 14 يومًا · لا حاجة لبطاقة ائتمان