Actual
3.2075
Daily Change
-0.01 -0.33%
Monthly
1.28%
Yearly
-29.74%
Q4 Forecast
3.1104
Natural gas - Summary

US natural gas prices climbed to around $3.24/MMBtu on Tuesday, their highest level in four weeks, as colder weather outlook, record LNG export flows, and declining production supported the market. Forecasts shifted cooler across parts of the central and eastern US through November 20, raising expectations for stronger heating demand in the coming weeks. Robust LNG export activity also provided support, with average gas flows to the nine major export terminals reaching a record 19.3 bcfd so far in November, surpassing October's previous monthly record of 18.4 bcfd. On the supply side, Lower 48 production averaged 112.1 bcfd so far this month, down from 113.4 bcfd in October. Meanwhile, inventories remained comfortably within the normal range, with analysts estimating stocks stood 2.1% above the five-year average in the week ended November 6, up from 1.4% the previous week.

Natural gas - Stats

Natural gas fell to 3.21 USD/MMBtu on November 10, 2026, down 0.33% from the previous day. Over the past month, Natural gas's price has risen 1.28%, but it is still 29.74% 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 November 10 of 2026.

Natural gas - Forecast

Natural gas fell to 3.21 USD/MMBtu on November 10, 2026, down 0.33% from the previous day. Over the past month, Natural gas's price has risen 1.28%, but it is still 29.74% 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 3.11 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 3.82 in 12 months time.



Price Day Month Year Date
Crude Oil 85.95 -0.902 -1.04% -8.31% 40.81% Nov/10
Brent 90.96 -1.610 -1.74% -14.71% 39.59% Nov/10
Natural gas 3.21 -0.0105 -0.33% 1.28% -29.74% Nov/10
Gasoline 2.60 -0.0559 -2.11% -21.17% 29.03% Nov/10
Heating Oil 4.07 -0.1483 -3.52% -13.90% 57.88% Nov/10
Coal 138.05 -2.85 -2.02% -7.57% 26.13% Nov/09
EU Gas 84.15 1.65 2.00% -0.24% 170.55% Nov/10
UK Gas 209.43 4.2139 2.05% -0.13% 158.37% Nov/10
Ethanol 1.79 -0.0250 -1.38% -12.25% 4.99% Nov/09
Naphtha 770.18 -47.83 -5.85% -13.57% 42.49% Nov/09
Propane 1.07 -0.07 -6.44% 1.87% 66.58% Nov/09
Uranium 91.40 -0.4500 -0.49% 1.56% 17.33% Nov/09
Methanol 3,780.00 269.00 7.66% -6.30% 82.61% Nov/10



Related Last Previous Unit Reference
United States API Crude Oil Stock Change -5.27 -2.03 BBL/1Million Oct 2026
United States Crude Oil Stocks Change -0.87 -1.89 BBL/1Million Oct 2026
United States Gasoline Stocks Change -222.00 3870.00 Thousand Barrels Oct 2026
United States Natural Gas Stocks Change 77.00 80.00 billion cubic feet Oct 2026

Natural gas
Natural gas is a key global energy commodity and a major component of electricity generation, heating, and industrial activity. Its prices are closely monitored due to their impact on energy costs, economic activity, and seasonal demand patterns. Natural gas futures in the United States are based on delivery at the Henry Hub in Louisiana, a central distribution point connected to an extensive network of interstate and intrastate pipelines supplying gas from major producing regions. Each contract is traded in units of 10,000 million British thermal units (mmBtu). Natural gas accounts for a significant share of U.S. energy consumption, with the United States being the world’s largest producer, followed by Russia. In recent years, the U.S. has also become the leading exporter of liquefied natural gas (LNG), supported by strong global demand and shifting supply dynamics. Natural gas prices displayed on Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments and are intended to provide a general market reference only. These prices do not represent official benchmark prices. The data is supplied by a third party and, while efforts are made to ensure its reliability, Trading Economics does not verify the data and makes no representations or warranties.
Actual Previous Highest Lowest Dates Unit Frequency
3.21 3.22 15.78 -1.00 1990 - 2026 USD/MMBtu Daily

News Stream
US Natgas Prices Climb to 4-Week High
US natural gas prices climbed to around $3.24/MMBtu on Tuesday, their highest level in four weeks, as colder weather outlook, record LNG export flows, and declining production supported the market. Forecasts shifted cooler across parts of the central and eastern US through November 20, raising expectations for stronger heating demand in the coming weeks. Robust LNG export activity also provided support, with average gas flows to the nine major export terminals reaching a record 19.3 bcfd so far in November, surpassing October's previous monthly record of 18.4 bcfd. On the supply side, Lower 48 production averaged 112.1 bcfd so far this month, down from 113.4 bcfd in October. Meanwhile, inventories remained comfortably within the normal range, with analysts estimating stocks stood 2.1% above the five-year average in the week ended November 6, up from 1.4% the previous week.
2026-11-10
US Natgas Prices Rise to Over 3-Week High
US natural gas prices rose more than 4% to $3.13/MMBtu on Monday, reaching their highest level since October 15, as forecasts of a sharp cold spell pointed to stronger heating demand. More than 160 million Americans could face below-average temperatures by November 14, a significant reversal from the unusually warm conditions expected earlier in the week, particularly across the Northeast, Great Lakes and Ohio Valley. Supply-side factors also supported prices, with the latest EIA report showing a smaller-than-expected storage build of 77 Bcf for the week ended October 30. Inventories reached 3.801 trillion cubic feet, remaining 2.8% below year-earlier levels but 1.4% above the five-year average. Meanwhile, Lower 48 production averaged 111.2 Bcf per day in November, down from October’s 113.4 Bcf. LNG export flows also eased slightly, although international demand for US shipments remains strong amid ongoing geopolitical disruptions to global energy supplies.
2026-11-09
US Natural Gas Prices Advance
US natural gas prices rose to $3.0/MMBtu, hovering at their highest level in over a week, after EIA data showed a smaller-than-expected increase in inventories. Storage rose by 77 billion cubic feet (Bcf) in the week ended October 30, below forecasts for an 81 Bcf build, bringing total stocks to 3.801 trillion cubic feet. Inventories remained 2.8% below year-earlier levels but 1.4% above the five-year average. Meanwhile, domestic production has weakened, with output in the Lower 48 states averaging 111.2 Bcf per day so far in November, down from 113.4 Bcf in October. However, warmer-than-normal weather is expected to persist through November 20, limiting heating demand. Average gas flows to major US LNG export terminals have also eased to 18.2 Bcf per day, from 18.4 Bcf in October. Nevertheless, global demand for US LNG remains strong amid supply disruptions linked to the war in Ukraine and the US-Israeli conflict with Iran.
2026-11-05