Analyst Insights

Super Contango Shows Natural Gas Price More Than Double by January 2025

CME/NYMEX natural gas is currently showing one of the steepest forward curve moves in recent memory. From the May front month price on Friday, April 5 of $1.79/MMbtu, the price soars to $3.70/MMbtu by January 2025 (see figure below) and keeps on moving up to $4.44/MMbtu in January 2026. The steep

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