US Natgas Prices Hover Near 6-Week High

2026-05-14 01:14 By Judith Sib-at 1 min. read

US natural gas futures rose to around $2.87 per MMBtu, moving back near a six-week high, as declining production and improved demand expectations continued to support prices.

Output has softened in recent weeks as some energy companies, such as EQT, curtailed output due to persistently low spot prices.

Forecasts showed gas demand across the Lower 48 states, including exports, averaging around 98.9 bcfd this week and next, with the latest projections revised slightly higher from the previous outlook.

Meanwhile, gas flows to major US export facilities declined from a monthly record due to seasonal maintenance work at several plants, including Freeport LNG in Texas and Cameron LNG in Louisiana.

Investors now await the weekly storage report, which is expected to show that the surplus in inventories relative to the five-year average remained largely unchanged.



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US Natgas Prices Hover Near 6-Week High
US natural gas futures rose to around $2.87 per MMBtu, moving back near a six-week high, as declining production and improved demand expectations continued to support prices. Output has softened in recent weeks as some energy companies, such as EQT, curtailed output due to persistently low spot prices. Forecasts showed gas demand across the Lower 48 states, including exports, averaging around 98.9 bcfd this week and next, with the latest projections revised slightly higher from the previous outlook. Meanwhile, gas flows to major US export facilities declined from a monthly record due to seasonal maintenance work at several plants, including Freeport LNG in Texas and Cameron LNG in Louisiana. Investors now await the weekly storage report, which is expected to show that the surplus in inventories relative to the five-year average remained largely unchanged.
2026-05-14
US Natgas Prices Fall
US natural gas futures fell to around $2.82 per MMBtu as expectations for weaker demand, elevated storage levels, and lower LNG feedgas flows weighed on prices. Mild spring weather earlier in the season allowed utilities to inject more gas into storage than usual, leaving inventories about 7% above seasonal norms as of early May. Weather forecasts suggest mostly near average conditions through late May, limiting near term demand upside. LNG exports also softened, with flows to major US export terminals averaging 17.1 bcfd so far in May, down from April’s record 18.8 bcfd due to seasonal maintenance. Domestic production has also eased slightly, with Lower 48 output slipping to about 109.3 bcfd from April levels, as low spot prices prompted some producers, including EQT, to curb output.
2026-05-12
US Natgas Prices Hit Over 6-Week High
US natural gas futures climbed to $2.92 per MMBtu, the highest level in more than six weeks, supported by declining production and the restart of a liquefaction train at Freeport LNG’s export facility. Output across the Lower 48 states has trended lower in recent weeks as major producers, including EQT, scaled back activity due to low spot prices. Additionally, a liquefaction train at Freeport LNG export terminal in Texas has reportedly resumed operations following a brief shutdown caused by a compressor issue. Analysts noted that LNG exports continue to provide strong support to prices, although flows to certain terminals have eased from record levels amid seasonal maintenance. Meanwhile, weather forecasts point to mostly near-normal temperatures through May 26, with cooling needs gradually replacing late-season heating demand.
2026-05-12