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Natural Gas Prices Plummet 11% as Israel-Iran Conflict Cools

Natural Gas Prices Plummet 11% as Israel-Iran Conflict Cools

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Stu Turley
Oct 28, 2024
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Energy News Beat
Energy News Beat
Natural Gas Prices Plummet 11% as Israel-Iran Conflict Cools
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  • U.S. natural gas prices fell sharply on Monday due to limited Israeli attacks on Iran and Iran’s decision not to retaliate.

  • U.S. natural gas production remains near summer highs, while European gas prices remain stable.

  • The EIA forecasts lower natural gas prices for 2024, with Henry Hub spot prices averaging $2.28/MMBtu.

U.S. natural gas prices crashed on …

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