Natural gas defies energy shock as strong supply keeps prices in check

·1h ago
Share:PostShare

Despite crude oil volatility from West Asian geopolitical tensions, natural gas prices remain contained around $2.50-$3.50/MMBtu. Record US production of 110.6 Bcf/d, strong non-Gulf LNG output, and weak Asian demand have offset Strait of Hormuz supply disruptions, maintaining a mild bearish bias for Henry Hub.

T

The Economic Times

Original source

Read full story

Related Stories

Headlines and briefs on this site are for information only. Always verify details on the original source or live status page.

Read Disclaimer