2024-03-12 06:00:00 ET
Summary
- Trading volume in Henry Hub natural gas futures and LNG freight futures grew sharply in 2023 as more U.S. gas was shipped to Europe.
- Unseasonable weather in the U.S. in early 2024 added to market volatility in the natural gas industry.
- The freight markets are expected to remain volatile in the coming months, with prices fluctuating on a day-to-day basis.
Originally posted on March 10, 2024
By Adila McHich and Paul Wightman
At A Glance
- Trading volume in Henry Hub natural gas futures and LNG freight futures grew sharply in 2023 as more U.S. gas was shipped to Europe
- The U.S. exported around 90 million metric tons of LNG in 2023, making it the world's largest LNG exporter
Read the full article on Seeking Alpha
For further details see:
Why U.S. LNG Exports Are Surging