Natural Gas News – March 6, 2026
Natural Gas News – March 6, 2026
Energy Shock Fears Rise As The Iran War Chokes Supplies
BANGKOK (AP) — Global energy trade is in turmoil as war around the Persian Gulf chokes off oil and natural gas shipments, causing prices to soar. Asia is the most exposed since it relies heavily on imported fuel, much of it shipped through the Strait of Hormuz, the narrow passageway that carries a fifth of global trade in crude oil and liquified natural gas, or LNG. About 13 million barrels of oil per day moved through the corridor in 2025, according to energy consultancy Kpler… https://tinyurl.com/5dsfk247
Nat-Gas Prices Rally On Larger Fall Inventories
April Nymex natural gas (NGJ26) on Thursday closed up by +0.086 (+2.95%).April nat-gas prices rallied on Thursday and settled higher due to a larger-than-expected storage withdrawal. The EIA reported that nat-gas inventories for the week ended February 27 fell by -132 bcf, a larger draw than expectations of -124 bcf. Gains in nat-gas prices were limited on Thursday amid forecasts of warmer US weather, potentially reducing nat-gas heating demand… For More info go to https://tinyurl.com/32ve9x3e
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