US Natgas Prices Edge Down, Set for 10% Weekly Gain
2025-09-26 15:06
By
Agna Gabriel
1 min. read
US natural gas futures edged down to $3.16 per mmBtu on Friday, but were still set for a weekly gain of nearly 10%.
Supply concerns supported prices as output in the Lower 48 slipped to 107.4 bcfd so far in September, from a record 108.3 bcfd in August, with Friday’s production expected to hit an 11-week low of 106.3 bcfd.
Earlier record output had boosted storage injections, leaving inventories 6% above the five-year average and 1% higher than last year.
The EIA reported a 75 bcf storage build for the week ending Sept. 19, in line with forecasts.
Meanwhile, forecasts point to above-normal warmth through early October.
LNG feedgas flows averaged 15.7 bcfd in September, slightly lower than August.
In regional spot markets, constraints kept prices negative at the Waha Hub in Texas and AECO in Alberta, reflecting pipeline bottlenecks and maintenance issues despite wider price gains.