New Delhi: Natural gas prices have recovered significantly after a sharp correction earlier this year, supported by tightening inventories, rising LNG exports and stronger seasonal power demand, according to a quarterly report by Motilal Oswal Financial Services Ltd (MOFSL).
The report said Henry Hub natural gas prices, which fell from a January 2026 high of USD 7.72 per Million British Thermal Units (MMBtu) to USD 2.77 per MMBtu in April, have since climbed back above the USD 3 per MMBtu level.