U.S. Rig Count is down 62 rigs from last week to 602, Canada Rig Count is down 6 rigs from last week to 35

Front-month gas futures for May delivery on the New York Mercantile Exchange rose 11.0 cents, or 6.8%, to settle at $1.731 per million British thermal units.

Four LNG tankers are currently enroute to China after loading cargoes last month in the United States,

U.S. Rig Count is down 64 rigs from last week to 664, Canada Rig Count is down 13 rigs from last week to 41

The preliminary level for dry natural gas production in January 2020 was 2,930 billion cubic feet (Bcf), or 94.5 Bcf/d. This level was 5.9 Bcf/d (6.7%) higher than the January 2019 level of 88.6 Bcf/d.

gas prices in Europe and Asia have collapsed to record lows, while the U.S. Henry Hub benchmark tumbled to its lowest since 1995.

U.S. Rig Count is down 44 rigs from last week to 728, Canada Rig Count is down 44 rigs from last week to 54

Russia ramped up measures to combat the virus on Wednesday, with Russian President Vladimir Putin announcing that next week would be a paid non-working week throughout the country.

U.S. primary energy consumption totaled 100 quadrillion Btu, a 1% decrease from 2018. Natural gas consumption increased 3%, renewable energy consumption and nuclear electric power consumption each increased less than 1%, petroleum consumption decreased less than 1%, and coal consumption decreased 14%.

European gas stock levels for both January and February 2020 were the highest ever recorded for those months.