# Natural gas prices stay weak despite geopolitical risks

2026-08-08T08:45:13+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

NYMEX natural gas hovers near $2.68 per MMBtu; MCX prices have fallen below Rs 260 per MMBtu. Abundant US production, new LNG export projects, and healthy storage inventories have eased supply fears. The late-January rally sparked by cold weather faded once temperatures normalised, leaving demand weak. Unlike crude oil, natural gas has not gained from US-Iran tensions because supply routes remain undisrupted and LNG markets are diversified. The International Energy Agency expects global LNG supply growth in 2026 to be the strongest since 2019. Trader focus is on production and storage data, not geopolitics.

## Coverage

- economictimes.indiatimes.com <https://economictimes.indiatimes.com/markets/stocks/news/natural-gas-loses-momentum-despite-geopolitical-risks-will-prices-recover/articleshow/133047978.cms>

Tags: energy prices, LNG, natural gas, supply-demand, US-Iran tensions, weather
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