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2025.09.0112:25:33UTC+00Natural Gas Holds above $3

In early September, US natural gas futures surged past $3 per MMBtu, marking a recovery from the nine-month low of $2.73 experienced on August 20th. This increase was driven by projections of reduced domestic supply. Recent data highlighted a decline exceeding 6% in LNG exports from Russia up to August, thereby boosting the US share in the global LNG trade as European and Asian partners seek alternative energy sources. As a result, US gas consumers now encounter increased competition in bidding for the limited domestic stock. According to the latest figures from the EIA, storage levels remain tight, reflecting a 3.4% year-over-year decrease. On the demand side, ExxonMobil, a leading producer, has indicated that global demand for natural gas is expected to climb by more than 20% over the next 25 years, driven by major economies transitioning away from coal.

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