U.S. natural gas prices have jumped more than 20 percent from an early April low and are set to rise through the rest of the year despite high market volatility this week. Natural gas demand is expected to start recovering in the coming weeks as states ease lockdowns and as demand for cooling rises in the summer months. In addition to expectations of higher demand, the supply of natural gas in the U.S. is dropping as gas producers lower production amid low prices while oil producers scale back oil output and with it – associated natural gas production from oil-directed wells. Higher demand than the current lows amid the lockdowns and the so-called ‘shoulder season’ for natural gas consumption for heating or cooling, combined with the decline in production, will lead to higher natural gas prices later this year, according to analysts and traders. Early in April, the benchmark […]