Morgan Stanley Sees Near-Term Support for U.S. Natural Gas, Flags 2027 Oversupply Risk
Morgan Stanley expects U.S. natural gas prices to continue recovering through the third quarter, supported by rising LNG export flows and increased power demand, but warns of potential oversupply pressures in 2027 as associated gas from the Permian and new pipeline capacity come online. The bank adjusted its 2026 price outlook modestly lower while …