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Natural Gas Price Trend and Forecast

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Date: 2022. 12. 14.
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Date: 2022. 12. 14.
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Category: news & politics
In Q3 2022, the Natural Gas Price in the USA surged in the first half of the third quarter. The benchmark futures surged on the forecast for hotter weather and higher demand. Worries about Russian gas flow to Europe, record coal prices, and the expiration of the front-month contract remain the concern. In August, the USA's natural gas price surged to USD 8.68 per MMBtu. However, towards the end of this quarter, Natural gas costs hit low market fundamentals, as the market lost energy because U.S.