Since last Wednesday, September 30, natural gas prices rose across the board, with increases ranging between 37 cents and $1.32 per million Btu (MMBtu).
Natural gas prices oscillated by large amounts at most market locations across the United States. The Henry Hub began the report week at $3.24 per MMBtu, fell to $2.32 on October 2, and ended trading yesterday at $3.70 per MMBtu.
At the New York Mercantile Exchange (NYMEX), the near-month contract for November ended the week at $4.904 per MMBtu, a slight increase from the previous week's value of $4.841 per MMBtu.
Natural gas in storage rose to 3,658 billion cubic feet (Bcf) as of October 2, following an implied net injection of 69 Bcf.
The spot price for the West Texas Intermediate (WTI) crude oil contract decreased to $69.60 per barrel, or $12.00 per MMBtu.
The natural gas rotary rig count rose by 2 to 712, its highest level since May 2009, according to data Baker Hughes Incorporated released on October 2.