The Zhitong Finance App learned that US natural gas futures turned down on Friday, taking back some of the sharp gains from the previous trading day. Earlier, the Columbia Gas Transmission pipeline in West Virginia under TC Energy (TRP.US) leaked and caused transportation capacity to decline. At one point, it affected as much as 1.5% of the natural gas supply in the 48 states of the United States, driving gas prices to soar sharply on Thursday. However, supply concerns have cooled as the market anticipates that the outage may be brief.

Zhitongcaijing · 1d ago
The Zhitong Finance App learned that US natural gas futures turned down on Friday, taking back some of the sharp gains from the previous trading day. Earlier, the Columbia Gas Transmission pipeline in West Virginia under TC Energy (TRP.US) leaked and caused transportation capacity to decline. At one point, it affected as much as 1.5% of the natural gas supply in the 48 states of the United States, driving gas prices to soar sharply on Thursday. However, supply concerns have cooled as the market anticipates that the outage may be brief.