US natural gas prices fell 2% to around $3.0 per MMBtu, their lowest level in nearly three weeks, tracking broader declines across energy markets following a US–Iran peace deal. Both sides confirmed they have reached an agreement to end their war, with President Donald Trump stating that Washington will end its naval blockade of Iranian ports and that the Strait of Hormuz, a key chokepoint for a fifth of the world’s oil and LNG supplies, will reopen once the agreement is formally signed on June 19. Additional downward pressure came from strong domestic supply conditions. US gas inventories have risen to 2.686 trillion cubic feet, around 6% above the five-year seasonal average, signaling a well-supplied market. However, losses may be limited by improving demand prospects, with a recovery in LNG exports, along with forecasts for higher cooling demand as temperatures rise into early July.
Natural gas fell to 3.11 USD/MMBtu on June 15, 2026, down 0.16% from the previous day. Over the past month, Natural gas's price has risen 3.01%, but it is still 16.89% 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 June 15 of 2026.
Natural gas fell to 3.11 USD/MMBtu on June 15, 2026, down 0.16% from the previous day. Over the past month, Natural gas's price has risen 3.01%, but it is still 16.89% 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 3.16 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 4.03 in 12 months time.