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.
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.
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