Elev8: Why US Natural Gas Stays Low Despite Gulf Crisis
Key Facts US natural gas at Henry Hub has remained near $3.00/MMBtu despite the Persian Gulf crisis pushing Brent and WTI crude sharply higher, according to broker Elev8. Elev8 cites a late-April low around $2.50/MMBtu; the EIA’s April spot average was $2.77/MMBtu, with a forecast 2Q26 average of $2.83/MMBtu. Elev8 attributes the divergence to six […]
