Natural Gas Defies the Energy Shock as Supply Cushion Keeps Prices in Check
Natural gas prices are holding in a narrow $2.50-$3.50 per MMBtu band even as crude oil swings on West Asian tensions, underscoring a market that remains structurally better supplied than traders feared. Record US output, resilient non-Gulf LNG flows and softer Asian demand have so far offset disruption risks tied to the Strait of Hormuz, leaving Henry Hub with a mild bearish bias.
