US natural gas futures climbed to $3.00 per MMBtu after a larger-than-expected storage draw, with EIA data showing a 54 billion cubic feet withdrawal for the week ended March 20, above forecasts for 44 bcf. This contrasts with a 33 bcf injection a year earlier and a five-year average decline of 21 bcf. Stockpiles fell to 1.829 trillion cubic feet, about 5.2% above year-ago levels and 0.8% above the seasonal average. The latest draw is likely the final withdrawal of the winter season as warmer-than-normal temperatures are expected through early April, reducing demand. Meanwhile, investors weighed hopes of de-escalation in the Middle East war, after President Trump extended a pause on striking Iran's energy plants for 10 days at Tehran's request. Despite this, US gas prices remain relatively stable due to ample inventories and limited short-term exposure to global markets.

Natural gas rose to 3.03 USD/MMBtu on March 27, 2026, up 3.31% from the previous day. Over the past month, Natural gas's price has risen 2.20%, but it is still 25.58% 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 March 29 of 2026.

Natural gas rose to 3.03 USD/MMBtu on March 27, 2026, up 3.31% from the previous day. Over the past month, Natural gas's price has risen 2.20%, but it is still 25.58% 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 3.03 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 3.95 in 12 months time.



Price Day Month Year Date
Crude Oil 99.64 5.160 5.46% 39.88% 43.66% Mar/27
Brent 112.57 4.560 4.22% 44.80% 54.71% Mar/27
Natural gas 3.03 0.0970 3.31% 2.20% -25.58% Mar/27
Gasoline 3.25 0.1199 3.83% 37.10% 45.44% Mar/27
Heating Oil 4.50 0.2221 5.20% 55.00% 98.84% Mar/27
Coal 143.85 1.85 1.30% 11.77% 38.99% Mar/27
TTF Gas 54.53 -1.01 -1.82% 22.52% 34.21% Mar/27
UK Gas 136.59 -2.4400 -1.76% 20.04% 40.17% Mar/28
Ethanol 2.03 0 0% 12.02% 16.02% Mar/26
Naphtha 848.70 6.22 0.74% 44.27% 39.14% Mar/26
Propane 0.80 0.01 0.78% 18.53% -9.13% Mar/26
Uranium 84.05 -0.2500 -0.30% -2.78% 30.61% Mar/27
Methanol 3,286.00 77.00 2.40% 43.62% 24.47% Mar/27



Related Last Previous Unit Reference
United States API Crude Oil Stock Change 2.30 6.60 BBL/1Million Mar 2026
United States Crude Oil Stocks Change 6.93 6.16 BBL/1Million Mar 2026
United States Gasoline Stocks Change -2593.00 -5436.00 Thousand Barrels Mar 2026
United States Natural Gas Stocks Change -54.00 35.00 billion cubic feet Mar 2026

Natural gas
The natural gas futures price is based on delivery at the Henry Hub in Louisiana, the nexus of 16 intra- and interstate natural gas pipeline systems that draw supplies from the region's prolific gas deposits. The contract trades in units of 10,000 million British thermal units (mmBtu). Natural gas accounts for almost a quarter of United States energy consumption. The United States is the biggest natural gas producer followed by Russia. In 2023, the US overtook Australia and Qatar to become the world's largest LNG supplier, driven by rising global prices and increased demand for exports, partly due to supply disruptions and sanctions related to Russia's 2022 actions. The Natural gas market prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our Natural gas market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so.
Actual Previous Highest Lowest Dates Unit Frequency
3.03 2.93 15.78 -1.00 1990 - 2026 USD/MMBtu Daily

News Stream
US Natgas Prices Rise After EIA Data
US natural gas futures climbed to $3.00 per MMBtu after a larger-than-expected storage draw, with EIA data showing a 54 billion cubic feet withdrawal for the week ended March 20, above forecasts for 44 bcf. This contrasts with a 33 bcf injection a year earlier and a five-year average decline of 21 bcf. Stockpiles fell to 1.829 trillion cubic feet, about 5.2% above year-ago levels and 0.8% above the seasonal average. The latest draw is likely the final withdrawal of the winter season as warmer-than-normal temperatures are expected through early April, reducing demand. Meanwhile, investors weighed hopes of de-escalation in the Middle East war, after President Trump extended a pause on striking Iran's energy plants for 10 days at Tehran's request. Despite this, US gas prices remain relatively stable due to ample inventories and limited short-term exposure to global markets.
2026-03-26
US Natural Gas Remains Near 3-Week Lows
US natural gas futures fell to $2.93 per MMBtu on Thursday, hovering near their lowest level in over three weeks, as traders awaited the EIA’s weekly storage report later in the day, which is expected to show inventories staying slightly above the five-year average. While projections point to a 51 Bcf withdrawal, this will likely be the last weekly withdrawal of the winter season. Temperatures are now forecasted to remain warmer than normal through April 9, limiting gas consumption in the coming weeks. In the Middle East, Iran rejected a US ceasefire proposal and presented its own negotiation framework. Still, the White House said talks with Iran remained ongoing and productive, despite Tehran’s public denials. Despite the geopolitical uncertainty, the US remains largely insulated from external supply shocks, given that domestic output covers all consumption needs, and LNG export capacity is already maxed out, preventing additional exports even if global prices rise.
2026-03-26
US Natural Gas Hovers at Over 3-Week Low
US natural gas futures traded around $2.90 per MMBtu on Wednesday, hovering at their lowest level in more than three weeks amid hopes that oil exports from the Persian Gulf could resume. The gas market tracked broader weakness across global energy prices following reports that the US is pursuing a month-long ceasefire in its conflict with Iran and has presented a 15-point proposal for negotiations. Additional downward pressure came from weather forecasts indicating temperatures will remain warmer than normal through April 8, which would reduce heating demand in the coming weeks. US natural gas prices have reacted far less to the Middle East war compared to global markets as the country produces all the gas it consumes, and LNG export facilities are already running at full capacity. And so, even if global gas prices surge due to geopolitical tensions, the US cannot significantly increase LNG exports.
2026-03-25