Lifted by Exports, May Natural Gas Futures Finish Strong - Natural Gas Intelligence
Lifted by Exports, May Natural Gas Futures Finish Strong LNG feed gas volumes hovered close to 2021 highs Pipeline exports to Mexico also held strong Forecasters are calling for below-average temperatures Natural gas futures forged higher on Friday, marking the fourth time during the week the prompt month finished in the green. Robust liquefied natural gas (LNG) volumes, coupled with seasonally strong weather-driven demand, fueled the rally. The May Nymex contract settled at $2.680/MMBtu Friday, up 2.2 cents day/day. June advanced 2.4 cents to $2.754. NGI’s Spot GasNational Avg. slipped 2...