LNG Exports Fuel Natural Gas Price Rise Amid Southern Heat
Natural gas prices rose on Monday as traders considered strong LNG exports and steady production alongside lingering heat in the South.
The New York Mercantile Exchange natural gas futures ticked up at midday, with October natural gas increasing by 6.7 cents to $2.898/MMBtu.
Henry Hub spot prices averaged $2.855 in morning action, while Waha prices were lower at $1.698.