US Natgas Prices Rebound
2026-05-21 01:55
By
Judith Sib-at
1 min. read
US natural gas futures rose to $3.03 per MMBtu on Thursday after falling 3.5% in the previous session as the intense heat affecting the Mid-Atlantic region is expected to subside.
Milder weather conditions are forecast through the long Memorial Day holiday weekend and over the next week, which is likely to curb gas demand following unusually high temperatures earlier this week.
In addition, flows to major US LNG export facilities have declined from a monthly record of 18.8 bcfd in April to around 17.0 bcfd so far in May, amid seasonal maintenance at plants including Golden Pass and Freeport LNG.
Market participants now await the storage report, which is expected to show a near-normal injection of 96 Bcf for the past week.
In other developments, three US LNG vessels are reportedly scheduled to arrive in China in June, the first such shipments since February 2025.