The price for US natural gas recovers after big slump
The US benchmark for the price of natural gas moved higher on November 18 following a 7% decline in the previous session.
The December gas delivery contract at the Henry Hub was up by 1.7% as of 12:25 GMT to trade at $4.89/mn Btu. Markets are likely to swing on an inventory report later in the day from the US Energy Information Administration.
Henry Hub is posting a net gain so far this week.
The National Weather Service predicts high winds along with moderate to heavy rains for an already-soaked Pacific Northwest. On the East Coast, wintry weather is in store through the weekend while the Great Lakes states can expect a round of lake-effect snow.