The Natural Gas Price Trend in 2026 is defined by a "rebalancing wave" as massive new Liquefied Natural Gas (LNG) export capacity from North America hits the global market. While early 2026 saw extreme volatility—with Henry Hub briefly spiking above $7/MMBtu due to Winter Storm Fern and European TTF soaring to $18/MMBtu in March due to disruptions in the Strait of Hormuz—the trend for the remainder of the year is expected to stabilize. U.S. benchmarks are projected to average $3.10–$3.80/MMBtu, firmed by record LNG exports and rising power sector demand.
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