US Natural Gas Futures Jump 5%, Hit Two-Week High as LNG Export Flows Reach One-Month Peak
JH Kim
Summary
- US natural gas futures prices jumped 5%, reaching their highest level in two weeks.
- Gas flows for liquefied natural gas (LNG) exports rose to their highest level in a month.
- The increase in gas supply for LNG exports helped drive gains in US natural gas prices.
Forecast Trend Report by Period
US natural gas futures extended their advance on August 10, surging 5% to the highest level in two weeks, Walter Bloomberg reported.
Gas flows to liquefied natural gas export facilities climbed to the highest level in a month, helping drive natural gas prices higher.
JH Kim
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