Low US natural gas prices stir hedging talk

Gas pipeline

The Nymex prompt-month Henry Hub futures contract settled at $2.324 per million British thermal units (MMBtu) on Friday, a rebound from the day before, when it closed at $2.272/MMBtu, a settlement price not seen since 2002.

Still, according to market participants, utilities and other end-users remain reluctant to hedge because forward prices are not as favourable. Henry Hub futures expiring in April 2013 settled at $3.350/MMBtu on Friday, while those expiring in April 2014 settled at $3.773/MMBt

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: