Mumbai, Dec. 10 -- Energy Information Administration or EIA has stated in a latest monthly Short Term Energy Outlook (STEO) that the Henry Hub natural gas spot price in its forecast rises to an average of almost $4.30 per million British thermal units (MMBtu) this winter (November-March), more than 40 cents/MMBtu higher than forecast in November STEO. The revision is driven primarily by colder-than-expected weather in December which EIA expects will increase space heating demand. However, it expects milder-than-normal weather in early 2026 and rising production will help moderate natural gas prices following the winter, with the Henry Hub price averaging about $4.00/MMBtu next year.
Published by HT Digital Content Services with permission ...