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Posted November 22, 2019 Today in Energy

Futures markets signal lower natural gas prices in most U.S. regions in early 2020 ›

The current outlook for U.S. natural gas prices at several key regional hubs reflects market expectations for lower prices in January and February 2020. Two factors account for generally lower prices: lower natural gas futures prices at the U.S. benchmark Henry Hub location and lower regional differentials to the Henry Hub (known in natural gas markets as the basis). The Henry Hub price is lower because of continued production increases. More

monthly natural gas spot and futures prices at selected hubs

Source: EIA, based on S&P Global Platts

Data Highlights

WTI crude oil futures price

11/21/2019: $58.58/barrel

up$1.81 from week earlier
up$3.95 from year earlier

Natural gas futures price

11/21/2019: $2.567/MMBtu

down$0.080 from week earlier
down$1.884 from year earlier

Weekly coal production

11/16/2019: 12.626 million tons

down0.441 million tons from week earlier
down2.115 million tons from year earlier

Natural gas inventories

11/15/2019: 3,638 Bcf

down94 Bcf from week earlier
up506 Bcf from year earlier

Crude oil inventories

11/15/2019: 450.4 million barrels

up1.4 million barrels from week earlier
up3.5 million barrels from year earlier