Natural Gas is trading 3.0% down at $3.03, giving back part of last week’s rebound as traders reassess supply risks and demand expectations.
- The move follows a sharp pullback in crude oil prices after a tentative U.S.–Iran peace deal reduced Middle East supply fears.
- Recent data shows U.S. gas output remains strong while LNG export capacity is essentially maxed out, tempering upside potential despite firm international flows.