US Natgas Prices Attempt Rebound

2026-04-16 15:04 By Agna Gabriel 1 min. read

US natural gas futures rose to $2.657 per MMBtu, supported by a recent drop in output and expectations of stronger demand over the next two weeks, but were still close to their lowest level since October 2024.

Average production fell by about 3.2 bcfd over the past four days to a preliminary 10-week low of 108.0 bcfd, driven largely by declines in Louisiana and Ohio.

At the same time, flows to major US LNG export terminals increased to 18.9 bcfd in April so far, up from 18.6 bcfd in March and near record levels.

However, the Energy Information Administration reported a storage build of 59 billion cubic feet for the week ended April 10, exceeding forecasts and well above both last year’s increase and the five-year average.

The larger build was attributed to mild weather limiting heating demand, with forecasts pointing to continued warmer-than-normal conditions through early May.



News Stream
US Natgas Prices Attempt Rebound
US natural gas futures rose to $2.657 per MMBtu, supported by a recent drop in output and expectations of stronger demand over the next two weeks, but were still close to their lowest level since October 2024. Average production fell by about 3.2 bcfd over the past four days to a preliminary 10-week low of 108.0 bcfd, driven largely by declines in Louisiana and Ohio. At the same time, flows to major US LNG export terminals increased to 18.9 bcfd in April so far, up from 18.6 bcfd in March and near record levels. However, the Energy Information Administration reported a storage build of 59 billion cubic feet for the week ended April 10, exceeding forecasts and well above both last year’s increase and the five-year average. The larger build was attributed to mild weather limiting heating demand, with forecasts pointing to continued warmer-than-normal conditions through early May.
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US Natgas Prices Drop to Over 17-Month Low
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Natural Gas Falls to 17-Month Low
Natural gas futures fell 0.5% to around $2.65 per MMBtu on Friday, hovering near their lowest levels since late 2024, as ample supply and weak demand continued to weigh on prices. The EIA reported a 50 Bcf injection into storage, accelerating from the previous 36 Bcf build and reinforcing expectations of a well-supplied market. At the same time, mild weather forecasts across key US regions are keeping heating demand subdued, while production remains near record highs, adding further downward pressure. Ample supply and low heating demand drove drove natural gas prices to fall 28% year-to-date.
2026-04-10