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Rich Asplund

Nat-Gas Prices Sink on Hopes Middle Eastern Energy Disruptions Will be Short

United States Gas Prices Middle Eastern Natural Gas Nymex the NY Times EIA Iran BNEF

April Nymex natural gas (NGJ26) on Wednesday closed down by -0.137 (-4.49%).

April nat-gas prices tumbled on Wednesday, giving back some of this week’s gains after a report from the NY Times claimed that Iran was ready to discuss ending the conflict, which eased for over a prolonged conflict that could disrupt Middle Eastern gas supplies. However, Iran’s semi-official Tasnim news agency called the report “pure falsehood and psychological warfare.”

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