In a significant development, the Henry Hub natural gas price for April 2024 has been revealed, standing impressively at US $1.68 per million British thermal units (MMBtu). This reflects a notable increase of 9.1% from March 2024, where prices were recorded at US $1.54 per MMBtu. Moreover, in comparison to the same period last year (April 2023), the current price showcases a remarkable 98% reduction from US $2.27 per MMBtu.
After experiencing a continuous decline over the past six months, the Henry Hub natural gas price witnessed an upturn in April 2024.
The April 2024 Henry Hub natural gas price reveals a compelling narrative of market dynamics. With a 9.1% increase from March 2024 and a striking 98% decline compared to the previous year, these figures underscore the volatility and evolution of the natural gas market.