17 May 2024
Pricewatch - Henry Hub softens amid growing US shale output
Publication date: 14 February 2017
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The main US wholesale gas price index is slipping towards a three-month low amid forecasts of an uptick in output from the country's major shale plays.
Henry Hub futures for delivery in March slid 3% day-on-day to USD 2.94/MMBtu at close of trading on Monday, a price not seen since the tail-end of 2016.