New Delhi, June 17 -- Natural gas prices have recovered significantly after a sharp correction earlier this year, supported by tightening inventories, rising LNG exports and stronger seasonal power demand, according to a quarterly report by Motilal Oswal Financial Services Ltd (MOFSL).

The report said Henry Hub natural gas prices, which fell from a January 2026 high of USD 7.72 per Million British Thermal Units (MMBtu) to USD 2.77 per MMBtu in April, have since climbed back above the USD 3 per MMBtu level.

According to the MOFSL quarterly report, the recovery has been driven by lower-than-expected storage injections, higher consumption from the power sector and continued expansion of US liquefied natural gas (LNG) infrastructure.

The r...