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Natural-gas Prices See Biggest Jump in Nearly 3 Years, Leading Oil Higher
Natural-Gas Prices Soar on Frigid Forecast
Cold weather exceeded expectations, USA Henry Hub Natural Gas Futures surged over 20% during trading, is inflation cooling down in jeopardy again?
On Monday during Regular Trading Hours, the NYMEX Henry Hub Natural Gas Futures February contract saw its intraday increase expand to 21%, reporting at $4.094 per million British thermal units. This is the largest increase for this contract since it began trading in 2012. Analysis suggests that higher natural gas prices may have macroeconomic implications, which could drive up inflation rates, while severe cold may also suppress Consumer spending in the USA.
Northwest Natural Gas Sees to Raise Oregon Rates by 5.79%
Express News | Northwest Natural Holding: Northwest Natural Gas Filed Request for General Rate Increase With Oregon Public Utility Commission
US Natural Gas Futures Surge 20% on Colder Outlook for January