US natural gas prices extended their losses toward $3.0/MMBtu, the lowest level in over two weeks, after a larger-than-expected storage build. The EIA reported that US energy firms added 108 billion cubic feet of gas to storage last week, above forecasts of 101 bcf. Total inventories rose to 2.686 trillion cubic feet, around 6% above the five-year average, signaling ample supply. Warmer-than-normal weather is expected through June 26, which could boost gas demand from power generators. Meanwhile, average US LNG export flows fell to 16.5 bcfd in June from 17.1 bcfd in May due to maintenance at plants including Golden Pass LNG and Freeport LNG in Texas. US Lower 48 gas production also declined to 109.0 bcfd in June from 109.7 bcfd in May.
Natural gas rose to 3.14 USD/MMBtu on June 12, 2026, up 1.75% from the previous day. Over the past month, Natural gas's price has risen 9.67%, but it is still 12.29% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Natural gas reached an all time high of 15.78 in December of 2005. Natural gas - data, forecasts, historical chart - was last updated on June 13 of 2026.
Natural gas rose to 3.14 USD/MMBtu on June 12, 2026, up 1.75% from the previous day. Over the past month, Natural gas's price has risen 9.67%, but it is still 12.29% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Natural gas is expected to trade at 3.29 USD/MMBtu by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 4.17 in 12 months time.