World News
US Natural Gas Drops With Oil on Effects of Iran Pressure Plan
Key Points
US Natural Gas Drops With Oil on Effects of Iran Pressure Plan US natural gas futures fell alongside crude and European gas futures as a US plan to increase economic pressure on Iran seemed less likely to affect physical supply than investors expected. While US gas is fundamentally unaffected by such geopolitical developments in the short run because the US has little flexibility in ramping up liquefied natural gas exports, sharp moves in oil and global gas markets can affect US gas as...
US Natural Gas Drops With Oil on Effects of Iran Pressure Plan
US natural gas futures fell alongside crude and European gas futures as a US plan to increase economic pressure on Iran seemed less likely to affect physical supply than investors expected.
While US gas is fundamentally unaffected by such geopolitical developments in the short run because the US has little flexibility in ramping up liquefied natural gas exports, sharp moves in oil and global gas markets can affect US gas as investors buy or sell the broader energy complex.