In the early morning of the 9th Beijing time, US natural gas futures prices on Wednesday reached their highest closing price since 2014, while US crude oil futures prices rose for the first day in three trading days. Crude oil and natural gas futures prices have been boosted by the slow recovery of energy production in the Gulf of Mexico after Hurricane Ida.
According to official data released on Wednesday, 76.88% of crude oil production capacity and 77.25% of natural gas production capacity in the Gulf of Mexico have not yet been restored.
The US Energy Information Administration will release last week's US energy product inventory report on Thursday.
On Wednesday, natural gas futures for October delivery on the New York Mercantile Exchange rose 35 cents, or 7.6%, to close at $4.914 per million British thermal units, the highest closing price since February 2014.
West Texas Intermediate (WTI) for October delivery rose 95 cents, or 1.4%, to close at $69.30 a barrel.