US Natural Gas Remains Near 3-Week Lows

2026-03-26 03:30 By Judith Sib-at 1 min. read

US natural gas futures fell to $2.93 per MMBtu on Thursday, hovering near their lowest level in over three weeks, as traders awaited the EIA’s weekly storage report later in the day, which is expected to show inventories staying slightly above the five-year average.

While projections point to a 51 Bcf withdrawal, this will likely be the last weekly withdrawal of the winter season.

Temperatures are now forecasted to remain warmer than normal through April 9, limiting gas consumption in the coming weeks.

In the Middle East, Iran rejected a US ceasefire proposal and presented its own negotiation framework.

Still, the White House said talks with Iran remained ongoing and productive, despite Tehran’s public denials.

Despite the geopolitical uncertainty, the US remains largely insulated from external supply shocks, given that domestic output covers all consumption needs, and LNG export capacity is already maxed out, preventing additional exports even if global prices rise.



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