Natural gas fixed forward prices were lower across the curve during the April 17-23 period. Economic uncertainty and bleak to neutral fundamentals cast a bearish tenor, while longer-range outlooks were more supportive.
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May fixed forward prices at Transco Zone 6 non-NY were 35.6 cents lower to $2.867/MMBtu, NGI’s Forward Look data show. However, Waha seized the top loss spot, tumbling 39.3 cents to 62.5 cents.
On the opposite side of the country, fixed forward prices were 35.4 cents lower at Northwest Sumas week/week amid declining demand and ample supply.