US Natural Prices Ease

2026-04-21 01:28 By Judith Sib-at 1 min. read

US natural gas futures dropped to $2.65 per MMBtu, trimming some of the gains from previous sessions as they tracked a broader decline in energy markets amid hopes for a negotiated end to the Middle East conflict.

US Vice President JD Vance is set to travel to Pakistan for the second round of peace talks, while Iran is expected to send a delegation after earlier expressing hesitation about participating.

Additional pressure came from a persistent storage surplus.

Unseasonably mild spring weather has allowed for strong inventory injections, lifting stockpiles to an estimated 7% above the five-year average for the week ended April 17.

Looking ahead, forecasts for near-normal temperatures through early May are likely to keep demand subdued, while analysts expect storage levels to remain elevated.

Gains in previous sessions had been supported by a drop in output over the past couple of weeks and near-record gas flows to US LNG export plants.



News Stream
US Natural Prices Ease
US natural gas futures dropped to $2.65 per MMBtu, trimming some of the gains from previous sessions as they tracked a broader decline in energy markets amid hopes for a negotiated end to the Middle East conflict. US Vice President JD Vance is set to travel to Pakistan for the second round of peace talks, while Iran is expected to send a delegation after earlier expressing hesitation about participating. Additional pressure came from a persistent storage surplus. Unseasonably mild spring weather has allowed for strong inventory injections, lifting stockpiles to an estimated 7% above the five-year average for the week ended April 17. Looking ahead, forecasts for near-normal temperatures through early May are likely to keep demand subdued, while analysts expect storage levels to remain elevated. Gains in previous sessions had been supported by a drop in output over the past couple of weeks and near-record gas flows to US LNG export plants.
2026-04-21
US Natgas Prices Edge Up Slightly
US natural gas futures climbed to $2.70 per MMBtu, supported by a drop in output over the past couple of weeks and near-record gas flows to US LNG export plants, but were still close to their lowest level since October 2024. Average daily output dropped by approximately 3.9 bcfd over the last fortnight to a 10-week low of 108.3 bcfd. Simultaneously, gas deliveries to major US LNG terminals rose to 18.9 bcfd so far in April, positioning the month for a potential record high. However, the upside remains capped by a persistent storage surplus. Unseasonably mild spring weather has facilitated aggressive inventory injections, pushing stockpiles to an estimated 7% above the five-year average during the week ended April 17. Looking ahead, meteorologists forecast near-normal temperatures through early May, and analysts expect storage levels to stay elevated.
2026-04-20
US Natgas Prices Rebound
US natural gas futures rose to $2.71 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.
2026-04-16