Natural Gas Price Forecast Week Ahead: Henry Hub Near $3.10 as Gulf Threats Clash With Warm U.S. Weather
U.S. natural gas futures settled at $3.095 per mmBtu Friday, with April Henry Hub contracts opening the week near $3.10. The EIA reported storage at 1.883 trillion cubic feet, 2.6% above the five-year average. Iranian strikes have knocked out 17% of Qatar’s LNG export capacity, raising force majeure risks for Europe and Asia. U.S. gas rigs fell by two to 131, but output is projected to rise in 2026.