Liquefied Natural GAS

Crude markets are stabilizing as improving Strait of Hormuz diplomacy reduces some immediate supply anxiety, though shipping activity remains well below normal. Natural gas is holding a constructive technical setup above its breakout zone as traders watch whether momentum can extend toward $3.00.

Natural gas futures remain under pressure as domestic fundamentals overpower overseas supply anxiety tied to the Strait of Hormuz. Freeport LNG maintenance, strong production and a 181 Bcf storage surplus are keeping sellers in control despite pockets of U.S. heat.