US Natgas Prices Fall to 18-Month Low

2026-04-23 15:13 By Agna Gabriel 1 min. read

US natural gas futures fell more than 4% to $2.60 per MMBtu, nearing their lowest since October 2024, pressured by ample storage levels and continued strong injections into inventories.

A federal report showed utilities added 103 billion cubic feet of gas to storage for the week ended April 17, above expectations and well ahead of both the 77 bcf added in the same week last year and the five-year average build of 64 bcf.

Mild spring weather has kept heating demand subdued, allowing above-normal injections and pushing total inventories to about 7.1% above typical levels.

Looking ahead, forecasts suggest mostly near-normal temperatures through early May, limiting demand upside.

On the supply side, output has declined by around 3.8 bcfd over the past 17 days to an 11-week low of 108.3 bcfd, while LNG feedgas flows have climbed to 18.9 bcfd so far in April, putting the month on track for a possible record.



News Stream
US Natgas Prices Fall to 18-Month Low
US natural gas futures fell more than 4% to $2.60 per MMBtu, nearing their lowest since October 2024, pressured by ample storage levels and continued strong injections into inventories. A federal report showed utilities added 103 billion cubic feet of gas to storage for the week ended April 17, above expectations and well ahead of both the 77 bcf added in the same week last year and the five-year average build of 64 bcf. Mild spring weather has kept heating demand subdued, allowing above-normal injections and pushing total inventories to about 7.1% above typical levels. Looking ahead, forecasts suggest mostly near-normal temperatures through early May, limiting demand upside. On the supply side, output has declined by around 3.8 bcfd over the past 17 days to an 11-week low of 108.3 bcfd, while LNG feedgas flows have climbed to 18.9 bcfd so far in April, putting the month on track for a possible record.
2026-04-23
US Natgas Prices Hover Near 2-Week High
US natural gas futures fell to $2.71 per MMBtu but remained near a two-week high, supported by recent production declines and near-record flows to LNG export facilities. Average output has dropped by roughly 3.9 bcfd over the past 15 days, reaching an eleven-week low of 108.2 bcfd on Tuesday. At the same time, deliveries to major LNG export terminals have climbed to 18.9 bcfd in April, placing the month on track to set a new record. However, the market remains under pressure due to ample inventories. Mild spring weather has allowed for strong storage injections, leaving stockpiles about 7% above the five-year average as of April 17. Weather forecasts have also shifted warmer across the US Midwest through late April, which is expected to reduce heating demand and limit power-sector consumption.
2026-04-22
US Natgas Prices Hover at 2-Week High
US natural gas futures rose to a two-week high of $2.70 per MMBtu, supported by a recent decline in production and near-record flows to LNG export facilities. Average output has fallen by around 3.9 bcfd over the past 15 days to an 11-week low of 108.2 bcfd, while deliveries to major LNG terminals have climbed to 18.9 bcfd in April, putting the month on track for a possible record. Despite this, prices remain close to their lowest level since October 2024 due to a large storage surplus, with inventories boosted by mild spring weather that has enabled strong injections and left stockpiles about 7% above the five-year average as of April 17. Forecasts have turned warmer across the US Midwest through late April, reducing expected heating and power demand and pointing to further inventory builds as the market moves deeper into the low-demand spring shoulder season.
2026-04-21