{"id":423153,"date":"2021-06-29T11:14:00","date_gmt":"2021-06-29T05:44:00","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=423153"},"modified":"2021-06-29T13:07:27","modified_gmt":"2021-06-29T07:37:27","slug":"us-nat-gas-futures-up-to-fresh-29-month-high-on-northwest-heat-wave","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/us-nat-gas-futures-up-to-fresh-29-month-high-on-northwest-heat-wave\/","title":{"rendered":"US nat gas futures up to fresh 29-month high on Northwest heat wave"},"content":{"rendered":"<p>US: US natural gas futures climbed to a fresh 29-month high on Monday as a heatwave boosted power prices in the Pacific Northwest to all-time highs and on expectations soaring global gas prices will increase US exports to record levels. <\/p>\n<p>Traders noted gas futures rose despite forecasts for slightly milder weather and less air conditioning demand over the next two weeks than previously expected. <\/p>\n<p>On their last day as the front-month, gas futures for July delivery on the New York Mercantile Exchange (NYMEX) rose 6.2 cents, or 1.8%, to $3.558 per million British thermal units (mmBtu) at 8:58 a.m. EDT (1258 GMT), putting the contract on track for its highest close since January 2019 for the third day in a row.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US: US natural gas futures climbed to a fresh 29-month high on Monday as a heatwave boosted power prices in the Pacific Northwest to all-time highs and on expectations soaring global gas prices will increase US exports to record levels. Traders noted gas futures rose despite forecasts for slightly milder weather and less air conditioning demand over the next two weeks than previously expected. On their last day as the front-month, gas futures for July delivery on the New York Mercantile Exchange (NYMEX) rose 6.2 cents, or 1.8%, to $3.558 per million British thermal units (mmBtu) at 8:58 a.m. EDT [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,219,137],"tags":[],"class_list":["post-423153","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/423153","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=423153"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/423153\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=423153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=423153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=423153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}