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Posted December 7, 2018Today in Energy

November U.S. natural gas prices increased beyond previous market expectations ›

On November 23, the natural gas spot price at the Henry Hub in Louisiana was $4.70 per million British thermal units (MMBtu), the highest price since a temporary spike in January 2018, and before that, the highest price since June 2014. The relatively sudden increase in prices exceeded the expectation of many market participants, based on the prices and volatility of futures and options contracts at the beginning of November. Prices have come down slightly in the past week, but they remain at a higher level than during much of the past four years. More

daily Henry Hub natural gas spot price

Source: EIA, based on Thomson Reuters

Data Highlights

WTI crude oil futures price

12/6/2018: $51.49/barrel

up$0.04 from week earlier
down$4.47 from year earlier

Natural gas futures price

12/6/2018: $4.327/MMBtu

down$0.319 from week earlier
up$1.405 from year earlier

Weekly coal production

12/1/2018: 14.927 million tons

up1.003 million tons from week earlier
down0.914 million tons from year earlier

Natural gas inventories

11/30/2018: 2,991 Bcf

down63 Bcf from week earlier
down704 Bcf from year earlier

Crude oil inventories

11/30/2018: 443.2 million barrels

down7.3 million barrels from week earlier
down4.9 million barrels from year earlier