Eia Natural Gas Price Forecast 2024

Eia Natural Gas Price Forecast 2024. The price of the december 2024 nymex contract increased 24 cents, from $2.747/mmbtu last wednesday to $2.983/mmbtu yesterday. In the first quarter of 2024, we expect natural gas prices to increase, then drop below 2023 prices.

Natural gas increased 0.80 usd/mmbtu or 34.16% since the beginning of 2024, according to trading on a contract for difference (cfd) that tracks the benchmark market for this. Looking forward, the energy information administration’s (eia) february 12 edition of today in energy forecasts an increase in natural gas prices for 2024 as demand for natural.