Story perspectives
Natural Gas Prices Dip Amid Iran Conflict, Rig Count Falls
4/17/2026
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Story summary
- Natural gas price forecasts have fallen due to the Iran conflict, impacting U.S. supply.
- The U.S. rig count declined to 518, with changes in the Permian and Uinta basins.
- Analysts expect a 56 Bcf injection for the week ending April 10, above the 5-year average for a third week.
- LNG export demand may support prices despite soft prompt-month futures, as utilities prepare for summer demand.
