Bank of America raises natural gas price forecast due to supply concerns

nl.investing.com (Dutch)

Bank of America raised its natural gas price forecast for the second half of 2026 due to supply concerns. The bank now expects Henry Hub prices to average $3.8 per million British thermal units, citing tight supply and the risk of low winter inventories. Increased demand from LNG facilities and the power sector, along with reduced Canadian imports, are offsetting production gains. Despite mild weather earlier in the year, gas balances have tightened significantly. Renewable energy sources like solar and wind continue to expand their contributions to the power grid.


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Bank of America raises natural gas price forecast due to supply concerns | News Minimalist