Henry Hub call buying fades as Middle East risk premium eases

13th July, 2026

Aravind Bulusu
US natural gas well

The Henry Hub (HH) natural gas price stayed near $3 (£2.24)/mmbtu through June despite sharp surge in volume of calls bought in early March at prices above $6/mmbtu for the winter.

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP

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