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Barchart
Rich Asplund

Nat-Gas Prices Climb on the Prospects of Stronger US LNG Exports

United States Nymex EIA Natural Gas Strait of Hormuz BNEF Middle Eastern

May Nymex natural gas (NGK26) on Wednesday closed up +0.025 (+0.93%).

Nat-gas prices climbed to a 2-week high on Wednesday and settled higher.  The outlook for the Strait of Hormuz to remain closed for the foreseeable future will curb Middle Eastern nat-gas supplies, potentially boosting US nat-gas exports to make up for the shortfall.  

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