By LNG World News Natural gas spot prices at the Henry Hub in the United States ended five weeks of increases, falling by 18¢ from last Wednesday, the Energy Information Administration said in its weekly report.
The prices have dropped from $2.93/MMBtu last Wednesday to $2.75/MMBtu on Wednesday this week, the EIA said.
At the New York Mercantile Exchange (Nymex), the August 2016 contract also declined, falling from $2.863/MMBtu last Wednesday to $2.786/MMBtu on the same day this week, according to the EIA.
“Net injections to working gas totaled 39 billion cubic feet (Bcf) for the week ending July 1. Working gas stocks are 3,179 Bcf, which
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