US natural gas futures decline on lower LNG export plant supply
Updated
Updated · Bloomberg · May 5
US natural gas futures decline on lower LNG export plant supply
12 articles · Updated · Bloomberg · May 5
Flows to US liquefied natural gas export terminals fell to their lowest level since late January, leaving more gas available in the domestic market.
The drop reversed some support from Monday, when rising oil prices helped draw financial inflows into US gas contracts.
The report said near-term US gas supply and demand are not directly affected by day-to-day Middle East tensions, despite their influence on broader energy market sentiment.
Why are US gas prices falling while a Mideast war sends global energy markets into chaos?
Is America's multi-billion dollar LNG export boom on a collision course with a looming global supply glut?