Natural gas prices forecast to fall as supply comes online

摘要

Third-quarter natural gas prices at Henry Hub are forecast to average US5.86 MMBtu.Management consulting and engineering firm R.W.Beck has updated its forecast by US0.50/MMBtu due to "the unexpected increase in oil prices in the second quarter."Other than the price per barrel,other market drivers are behaving as the analysts expected."Natural gas injections,demand and production are right where we projected they would be," according to company researchers.