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U.S. natural gas is trading at historically low prices as output keeps growing. The EIA forecasts Henry Hub averaging $3.05 per MMBtu this year and $3.29 in 2018, while LNG exports are discussed as a possible support.
Rising production with only modest forecast price gains implies limited upside for gas prices, although export growth could tighten the balance over time.
oilprice.comIrina SlavSep 27, 2017Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
