US Natural Gas Prices Slip
2026-03-20 01:34
By
Kyrie Dichosa
1 min. read
US natural gas futures fell to around $3.10 per MMBtu, giving back gains from the previous session, tracking a broader decline in energy commodities, following signals that the US may soon lift sanctions on Iranian oil at sea to ease price pressures.
Treasury Secretary Scott Bessent said the move could release roughly 140 million barrels, helping to stabilize prices over the next 10–14 days.
Simultaneously, President Donald Trump stated that the US has no plans to deploy ground troops, while Benjamin Netanyahu indicated that Israel would hold off on further strikes against Iranian energy infrastructure, easing concerns after the largest day of attacks on energy assets since the conflict began, including severe damage to the world’s biggest LNG plant in Qatar.
Meanwhile, the EIA’s latest weekly report showed a 35 billion cubic feet increase in storage, suggesting that heating demand is starting to ease as winter winds down.