US Natgas Prices Fall after EIA Report

2025-10-09 15:34 By Agna Gabriel 1 min. read

US natural gas futures fell to around $3.22/MMBtu, retreating from an 11-week high of $3.5 on October 7 after a larger-than-expected storage build.

The US Energy Information Administration reported an 80 billion cubic feet (bcf) injection into storage for the week ended October 3, above the 77-bcf forecast and slightly higher than last year’s 78 bcf, though below the five-year average of 94 bcf.

Meanwhile, output in the Lower 48 states eased to 106.3 bcfd so far in October, down from 107.4 bcfd in September.

Still, record production earlier this year allowed firms to inject more gas than usual, leaving storage about 5% above normal for this time of year.

LNG exports averaged 16.1 bcfd in October, up from 15.7 bcfd in September.

Looking ahead, meteorologists forecast mostly near-normal weather through October 24.



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