Heading: US NATURAL GAS FUTURES DROP AS LNG EXPORT FLOWS DROP, IRAN PEACE TALKS WEIGH - 2026-05-07
Published May 7, 2026 Updated about 6 hours ago By Reuters NEW YORK: US natural gas futures eased to a one-week low on a reduction in flows to liquefied natural gas (LNG) export plants during the normal spring maintenance season and as news the US and Iran were closing in on an agreement to end the Iran war caused prices to dive across the energy complex. Oil futures plunged over 10percent earlier this morning on the Iran war news. Front-month gas futures for June delivery on the New York Mercantile Exchange fell 3.5 cents, or 1.3percent, to USD2.753 per million British thermal units (mmBtu), putting the contract on track for its lowest close since April 29. In the cash market, average prices at the Waha Hub in West Texas have remained in negative territory for a record 63 days in a row as pipeline constraints trap gas in the Permian region, the nation’s biggest oil-producing shale basin. Financial group LSEG said average gas output in…
🔒
Continue readingLogin or create an account to access the complete content.Login / Register
2026 © SLDSYSTEM PK.
All Rights Reserved. Beware of copyright