US natural gas futures fell toward $3.0 per MMBtu, retreating from two-month highs, pressured by elevated storage levels. The EIA report showed energy firms injected 101 bcf of gas into storage for the week ended May 15, above market expectations for a 95-bcf build and the five-year average increase of 92 bcf for the period. Additional pressure came from softer LNG export activity. Flows to major US LNG export facilities declined from a monthly record of 18.8 bcfd in April to around 17.0 bcfd so far in May, due to seasonal maintenance at facilities including Golden Pass LNG and Freeport LNG. However, losses were partly limited by forecasts pointing to mostly warmer-than-normal weather through early June, which is expected to increase cooling demand and boost gas consumption from the power sector. Supportive signals also emerged from reports that three US LNG cargoes are scheduled to arrive in China in June, marking the first such shipments since February 2025.

Natural gas fell to 2.92 USD/MMBtu on May 22, 2026, down 3.21% from the previous day. Over the past month, Natural gas's price has risen 5.83%, but it is still 21.58% 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 May 24 of 2026.

Natural gas fell to 2.92 USD/MMBtu on May 22, 2026, down 3.21% from the previous day. Over the past month, Natural gas's price has risen 5.83%, but it is still 21.58% 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 3.00 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 3.78 in 12 months time.



Price Day Month Year Date
Crude Oil 97.00 0.650 0.67% 1.20% 57.65% May/22
Brent 103.94 1.360 1.33% -1.08% 60.45% May/22
Natural gas 2.92 -0.0970 -3.21% 5.83% -21.58% May/22
Gasoline 3.46 0.0830 2.46% 0.01% 64.03% May/22
Heating Oil 3.92 0.0908 2.37% -1.65% 85.92% May/22
Coal 132.05 0 0% 2.29% 31.52% May/22
TTF Gas 48.69 -0.72 -1.46% 9.63% 33.38% May/22
UK Gas 117.00 -3.8200 -3.16% 5.81% 32.26% May/23
Ethanol 2.04 0.0150 0.74% 5.99% 13.06% May/22
Naphtha 815.17 7.57 0.94% -12.37% 49.24% May/22
Propane 0.84 -0.003 -0.40% 3.44% 11.89% May/22
Uranium 84.70 0 0% -2.81% 18.38% May/22
Methanol 3,054.00 -15.00 -0.49% -1.39% 36.89% May/22



Related Last Previous Unit Reference
United States API Crude Oil Stock Change -9.10 -2.19 BBL/1Million May 2026
United States Crude Oil Stocks Change -7.86 -4.31 BBL/1Million May 2026
United States Gasoline Stocks Change -1548.00 -4084.00 Thousand Barrels May 2026
United States Natural Gas Stocks Change 101.00 85.00 billion cubic feet May 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
2.92 3.02 15.78 -1.00 1990 - 2026 USD/MMBtu Daily

News Stream
US Natural Gas Prices Decline
US natural gas futures fell toward $3.0 per MMBtu, retreating from two-month highs, pressured by elevated storage levels. The EIA report showed energy firms injected 101 bcf of gas into storage for the week ended May 15, above market expectations for a 95-bcf build and the five-year average increase of 92 bcf for the period. Additional pressure came from softer LNG export activity. Flows to major US LNG export facilities declined from a monthly record of 18.8 bcfd in April to around 17.0 bcfd so far in May, due to seasonal maintenance at facilities including Golden Pass LNG and Freeport LNG. However, losses were partly limited by forecasts pointing to mostly warmer-than-normal weather through early June, which is expected to increase cooling demand and boost gas consumption from the power sector. Supportive signals also emerged from reports that three US LNG cargoes are scheduled to arrive in China in June, marking the first such shipments since February 2025.
2026-05-22
Natural Gas Rebounds Toward 2-Month High
US natural gas futures rose to $3.05 per MMBtu on Thursday, not far from the highest level in two months as escalating geopolitical tension in the Middle East prolonged the view of no exports from the region. Reports indicated that Iran's Supreme Leader ordered the IRGC to keep uranium reserves in territory, defying requests from the US for an agreement to prolong the blockade from both countries on flows of liquified natural gas from the region. The escalation also threatened fresh attacks in energy facilities in GCC countries, with with Ras Laffan infrastructure in Qatar still damaged by Iranian strikes in March. The development continued to underpin demand for US LNG in Europe and Asia, aligned with the surge in prices for in their receiving hubs. Still, new data showed that domestic gas inventories rose by 101 billion cubic feet last week, more than expected.
2026-05-21
US Natgas Prices Rebound
US natural gas futures rose to $3.02 per MMBtu on Thursday after falling 3.5% in the previous session as the intense heat affecting the Mid-Atlantic region is expected to subside. Milder weather conditions are forecast through the long Memorial Day holiday weekend and over the next week, which is likely to curb gas demand following unusually high temperatures earlier this week. In addition, flows to major US LNG export facilities have declined from a monthly record of 18.8 bcfd in April to around 17.0 bcfd so far in May, amid seasonal maintenance at plants including Golden Pass and Freeport LNG. Market participants now await the storage report, which is expected to show a near-normal injection of 96 Bcf for the past week. In other developments, three US LNG vessels are reportedly scheduled to arrive in China in June, the first such shipments since February 2025.
2026-05-21