17 June 2024
US OIL & GAS: Henry Hub hits eight-month high, rig count up (27 June 2016)
Publication date: 27 June 2016
Gas Strategies Group
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The US gas rig count rose to a nearly three-month high last week, as the average price of supply on Henry Hub set a new high for the year to date.
Four units entered service last week, raising the total to a 12-week high of 90, up on the week and month (3-5%), but well below levels last year (-60%). The count has held between 80-95 since mid March...