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U.S. Natural Gas Futures Hit One Month High

February 28, 2023 at 11:25 am

U.S. natural gas futures hit a one-month high on Monday on forecasts for colder weather next week and a rise in LNG exports.

Natural Gas futures had risen by 6.48% as of 3:40 p.m. ET on Monday to $2.710, as U.S> LNG exports reached 12.8 bcf/d so far this month, up from 12.3 bcf/d last month. The monthly record for U.S. LNG exports was reached in March 2022, when the United States exported 12.9 bcf/d.

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