NYMEX Henry Hub futures push $5 level as US gas market reacts to Russia-Ukraine crisis

Prompt-month futures prices at the Henry Hub were up in Feb. 24 trading as the US gas market responded to a surge in global energy prices that came following Russia’s military invasion of Ukraine. In morning trading, the March contract jumped to nearly $5/MMBtu before later easing back to the low-$4.70s following a bearish storage report released Feb. 24 by…