Source-linked briefing Business

US Natural Gas Swings as Oil Slides After Hormuz Reopens

US Natural Gas Swings as Oil Slides After Hormuz Reopens

US natural gas futures fluctuated between gains and losses as oil prices fell following Iran’s statement that the Strait of Hormuz is completely open. The move reflected fund flows across energy baskets despite little change in US gas fundamentals.

Original headline

US Natural Gas Futures Waver on Plunging Oil Price, Lower Output