The natural gas prices continued to fall during last week and reached the lowest prices in 2011; the winter has yet to enter the U.S. resulting in low pressure on natural gas prices to rise.
Let’s see what is up ahead for natural gas during the upcoming week of November 28th to December 2nd:
On Friday, November 25th Henry Hub future price (December delivery) rose by 2.31% to $3.2.64/MMbtu – the highest price level since November 11th; Henry Hub spot wasn't traded on Friday and so it remained at $2.83/MMbtu – the lowest price since November 16th, 2009; during November future price fell by 9.92% and natural gas spot price by 22.68%. For the complete analysis on natural gas prices weekly outlook see here in Trading NRG
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