CHK May 2024 77.500 call

UPDATE 1-US natgas prices jump 6% to 15-week high on rising LNG feedgas

SUPPLY AND DEMAND Financial firm LSEG said gas output in the Lower 48 U.S. states fell to an average of 97.2 billion cubic feet per day (bcfd) so far in May, down from 98.1 bcfd in April. On a daily basis, output rose about 1.9 bcfd over the past five days to a four-week high of 98.0 bcfd on Sunday with the return from maintenance of some gas pipes in Texas from a 15-week low of 96.1 bcfd on May 7.