Home General Energy News Permian spot gas prices boosted to six-month highs on lower production, strong eastbound flows

Permian spot gas prices boosted to six-month highs on lower production, strong eastbound flows

Cash prices for next-day flows of gas in the Permian saw double-digit gains in Sept. 1 trading, supported by ample eastbound takeaway capacity to the Gulf Coast and lower production. Spot Waha Hub traded 23.50 cents higher at $4.295/MMBtu, its highest price since the mid-February deep freeze, according to preliminary settlement data. The Permian gas …

The post Permian spot gas prices boosted to six-month highs on lower production, strong eastbound flows first appeared on Hellenic Shipping News Worldwide. Source

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