Shale gas producers benefit from crude curtailments

Drop in associated natural gas volumes out of Permian basin offering relief to oversupplied US market

On the spot: the EIA forecasts an average Henry Hub natural gas spot price of $2.14 per million British thermal units for 2020 — On the spot: the EIA forecasts an average Henry Hub natural gas spot price of $2.14 per million British thermal units for 2020Photo: REUTERS/SCANPIX

Julia Martinez

Houston

Cabot Oil & Gas Appalachia USA Permian Basin Americas

Published 19 May 2020, 15:09Updated 20 May 2020, 08:24