Natural gas prices declined to a 25-month low on Monday, falling as much as 5%. The fall came despite news that a key LNG export hub in Texas looks to restart operations. The Freeport liquefied natural gas plant first went offline in June of last year due to a fire. Meanwhile, forecasts for mild winter weather continued to weigh on natural gas prices as demand for the heating fuel lags. On Monday, the amount of the super-cooled fuel at the facility touched the highest level since the export hub shut down.

Source: Economic Times February 13, 2023 22:00 UTC