Very bullish prediction for Natural Gas prices for year end from Merrill Lynch. With a continuing news flow on drillings and a fast rising gas price we could have a perfect storm by December. Below is a quote from Tuesday's OilPrice report...........
"Natural gas prices shoot up. U.S. natural gas prices have climbed to their highest levels since late 2019, pushed higher by ongoing hot weather and absolute declines in production. The tightness is global – JKM prices for LNG could rise to $6/MMBtu by December, according to a report from Bank of America Merrill Lynch. That opens up exports for U.S. LNG again. “[T]he world will call on all US export capacity this winter, in our view,” the bank said."
Very bullish prediction for Natural Gas prices for year end from...
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Last
13.0¢ |
Change
0.010(8.33%) |
Mkt cap ! $147.4M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.0¢ | 12.5¢ | $261.2K | 2.040M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 2 | 275969 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 13.0¢ | 172223 | 6 |
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| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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12.5¢ |
Change
0.010 ( 0.56 %) |
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| Open | High | Low | Volume | ||
| 13.0¢ | 13.0¢ | 12.5¢ | 1203292 | ||
| Last updated 15.55pm 07/05/2024 ? | |||||
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