Natural gas has remained unusually stable even as crude oil swings on West Asian tensions, with benchmark prices holding in a narrow $2.50-$3.50 per MMBtu band. Record US output, resilient non-Gulf LNG supply and softer Asian demand are cushioning the market, limiting the impact of any disruption risk around the Strait of Hormuz.
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"Natural Gas Defies the Energy Shock as Supply Keeps Prices in Check"
Natural gas has remained unusually stable even as crude oil swings on West Asian tensions, with benchmark prices holding in a narrow $2.50-$3.50 per MMBtu band. Record US output, resilient non-Gulf LNG supply and softer Asian demand are cushioning the market, limiting the impact of any disruption risk around the Strait of Hormuz.
Natural Gas Defies the Energy Shock as Supply Keeps Prices in Check
R
RDU Global Wire
Macro Economy & Fiscal Policy Desk
New Delhi, India Just now (11:16 PM IST)•4 min read
Natural gas has remained unusually stable even as crude oil swings on West Asian tensions, with benchmark prices holding in a narrow $2.50-$3.50 per MMBtu band. Record US output, resilient non-Gulf LNG supply and softer Asian demand are cushioning the market, limiting the impact of any disruption risk around the Strait of Hormuz.
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