US natural gas futures dropped below $3.2 per MMbtu, driven by robust domestic supplies, falling oil prices, and shifting weather patterns. According to the Energy Information Administration, energy firms injected a larger-than-expected 87 billion cubic feet of gas into storage for the week ending June 26, keeping total stockpiles roughly 6.2% above historical averages. Looking ahead, meteorologists expect warmer-than-normal temperatures through mid-July. Meanwhile, June production in the Lower 48 states averaged a strong 110 billion cubic feet per day, approaching record highs, while average flows to major liquefied natural gas export terminals reached 17.3 billion cubic feet per day. Simultaneously, crude oil prices slid to prewar levels following diplomatic progress between the US and Iran regarding the Strait of Hormuz, dampening energy markets.

Natural gas rose to 3.24 USD/MMBtu on July 3, 2026, up 1.50% from the previous day. Over the past month, Natural gas's price has fallen 2.76%, and is down 4.21% compared to the same time last year, 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 July 4 of 2026.

Natural gas rose to 3.24 USD/MMBtu on July 3, 2026, up 1.50% from the previous day. Over the past month, Natural gas's price has fallen 2.76%, and is down 4.21% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Natural gas is expected to trade at 3.45 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 4.18 in 12 months time.



Price Day Month Year Date
Crude Oil 68.76 0.074 0.11% -26.09% 3.47% Jul/03
Brent 72.10 0.302 0.42% -24.13% 5.59% Jul/03
Natural gas 3.24 0.0478 1.50% -2.76% -4.21% Jul/03
Gasoline 2.95 0.0336 1.15% -2.88% 39.40% Jul/03
Heating Oil 3.26 0.0738 2.32% -11.37% 35.17% Jul/03
Coal 128.80 -0.30 -0.23% -12.71% 17.14% Jul/03
EU Gas 45.34 1.10 2.48% -7.01% 35.88% Jul/03
UK Gas 107.64 3.1300 2.99% -8.73% 35.87% Jul/03
Ethanol 1.90 0.0150 0.80% -2.82% 9.54% Jul/02
Naphtha 609.81 -3.93 -0.64% -18.84% 11.72% Jul/02
Propane 0.70 -0.01 -1.82% -16.82% -4.20% Jul/02
Uranium 85.70 -0.3500 -0.41% -0.46% 10.72% Jul/02
Methanol 2,368.00 -2.00 -0.08% -24.47% -1.25% Jul/03



Related Last Previous Unit Reference
United States API Crude Oil Stock Change -6.07 -0.77 BBL/1Million Jun 2026
United States Crude Oil Stocks Change -3.78 -6.09 BBL/1Million Jun 2026
United States Gasoline Stocks Change -2333.00 2064.00 Thousand Barrels Jun 2026
United States Natural Gas Stocks Change 87.00 76.00 billion cubic feet Jun 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
3.24 3.20 15.78 -1.00 1990 - 2026 USD/MMBtu Daily

News Stream
US Natgas Prices Fall after EIA Data
US natural gas futures dropped below $3.2 per MMbtu, driven by robust domestic supplies, falling oil prices, and shifting weather patterns. According to the Energy Information Administration, energy firms injected a larger-than-expected 87 billion cubic feet of gas into storage for the week ending June 26, keeping total stockpiles roughly 6.2% above historical averages. Looking ahead, meteorologists expect warmer-than-normal temperatures through mid-July. Meanwhile, June production in the Lower 48 states averaged a strong 110 billion cubic feet per day, approaching record highs, while average flows to major liquefied natural gas export terminals reached 17.3 billion cubic feet per day. Simultaneously, crude oil prices slid to prewar levels following diplomatic progress between the US and Iran regarding the Strait of Hormuz, dampening energy markets.
2026-07-02
US Natgas Prices Rise as Record Heat Boosts Demand
US natural gas prices hovered at $3.20 per MMBtu, driven by increased flows to liquefied natural gas export plants and projections for record-breaking power demand. A severe heat wave is sweeping across the country, forcing residents to heavily rely on air conditioning. Temperatures in New York City are forecast to hit 100 degrees Fahrenheit, threatening to tie a 1966 record. With meteorologists predicting above-normal heat through mid-July, gas-fired plants, which provide roughly 40% of US electricity, are expected to burn significantly more fuel. Also, average gas flows to major export facilities increased to 17.4 billion cubic feet per day in June. Meanwhile, production in the Lower 48 states rose to an average of 110.0 billion cubic feet per day, up from 109.7 in May, and national inventories are anticipated to rise to 5.9% above normal levels.
2026-06-30
US Natgas Prices Edge Down
US natural gas prices fell to $3.17 per MMBtu, retreating from a three-week high of $3.3 hit on June 25, as cooling weather forecasts signaled a drop in air-conditioning demand and gas-fired electricity consumption. Despite this near-term price drop, raw data shows that export fundamentals remain robust. Average daily flows to major liquefied natural gas export terminals on the US Gulf Coast rose to 17.3 billion cubic feet so far in June, up from 17.1 billion cubic feet in May. This export growth was heavily supported by record feedgas activity at the Golden Pass facility in Texas. Meanwhile, domestic production across the Lower 48 states has been steady, averaging 109.7 billion cubic feet per day throughout June. US gas prices have fallen more than 3% so far this month but are up 10% for the second quarter.
2026-06-29