Natural Gas Price Rebounds Today: Henry Hub Near $2.87 as Storage, LNG Headlines Jostle Traders
NYMEX April natural gas rose 3.9 cents to $2.866 per mmBtu by midday Friday in New York. U.S. gas inventories stood at 2,018 bcf for the week ended Feb. 20, 7 bcf below the five-year average, according to the EIA. Traders cited shifting March weather forecasts and strong LNG export demand. The next EIA storage report is due March 5.