Source: 2b1st The Strait of Hormuz crisis is forcing Gulf producers to rethink a fundamental question: Can natural gas reach global markets without passing through Hormuz? One intriguing possibility is Saudi Arabia. Saudi Arabia already has the Master Gas System (MGS) connecting major gas-producing and processing assets across the Kingdom. Aramco is expanding the system toward 17.5 Bcf/d by 2028. But here's the bigger idea: Could Saudi Arabia eventually extend its gas infrast

Source: SuperGrok The natural gas April–January spread has widened to roughly $1.80 — and that move is speaking loudly. At current levels, the spread is brushing up against — and in some cases exceeding — implied underground storage costs along the U.S. Gulf Coast. Base rates have climbed into the $0.25–$0.35 per Dth per month range, with many contracts now clearing in the low $0.30s. Rising labor and material costs, combined with limited new build capacity, are structurally

Source: www.tradingview.com Volatility in outright Henry Hub prices often steals the spotlight—but some of the most interesting risk-adjusted opportunities right now are quietly developing in Natural Gas Calendar Spread Options (CSOs). CSOs let traders express a view on relative value between two delivery months, rather than outright price direction. In markets where weather risk, storage dynamics, LNG feed-gas, and production growth don’t hit every month equally, that distin

Source: GROK U.S. natural gas prices are showing signs of a floor, with Henry Hub averaging $3.66/MMBtu in 1H 2025 , up sharply from...