Natural Gas Price Outlook
Natural gas prices rose in recent weeks, likely due to higher demand. On 11 September, the Henry Hub Natural Gas price was USD 2.27 per one million British thermal units (MMBtu), which was up 5.6% from the same day in the previous month. While the price was 3.7% higher on a year-to-date basis, it was down 11.0% from the corresponding day in 2019. Natural gas prices moved higher this month as the continued switch from coal-fired plants to natural gas variants bolstered demand: Recent EIA data showed that power generation from natural gas increased in H1 2020 compared with the same period a year ago. However, general oversupply in the market and tumbling crude oil prices in recent weeks—which diminish natural gas’s luster as a power-generation substitute—likely capped the upside move.Natural Gas Price History Data (USD per MMBtu, aop)
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| Natural Gas | 2.63 | 2.55 | 3.02 | 3.07 | 2.53 |
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Price forecasts and historical data for Energy, Metals and Agricultural Commodities.
Natural Gas Historical Price Chart
Sample Report
Price forecasts and historical data for Energy, Metals and Agricultural Commodities
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