US natural gas futures rose toward $2.9 per MMBtu, rebounding from the five month low of $2.83 in the previous session, supported by stronger LNG exports. Gas flows to export plants climbed to 18.7 billion cubic feet per day so far in February and are on track for a monthly record. However, upside remains limited as weather forecasts turned milder, with above average temperatures expected across much of the western United States through month end, curbing heating needs and power sector consumption. As winter nears its end, traders see a reduced risk of a late season cold spell tightening supplies. Production also stays high, with Lower 48 output averaging 108.7 bcfd in February versus 106.3 bcfd in January. Storage was about 6% below normal in mid February, but the deficit is seen narrowing to near 1%.

Natural gas rose to 2.92 USD/MMBtu on February 25, 2026, up 3.13% from the previous day. Over the past month, Natural gas's price has fallen 25.10%, and is down 26.26% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Natural gas reached an all time high of 15.78 in December of 2005. Natural gas - data, forecasts, historical chart - was last updated on February 25 of 2026.

Natural gas rose to 2.92 USD/MMBtu on February 25, 2026, up 3.13% from the previous day. Over the past month, Natural gas's price has fallen 25.10%, and is down 26.26% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Natural gas is expected to trade at 3.14 USD/MMBtu by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 3.99 in 12 months time.



Price Day Month Year Date
Crude Oil 65.37 -0.263 -0.40% 7.81% -4.74% Feb/25
Brent 70.72 -0.046 -0.07% 7.83% -1.87% Feb/25
Natural gas 2.92 0.0905 3.20% -25.05% -26.21% Feb/25
Gasoline 1.99 0.0046 0.23% 9.11% -9.26% Feb/25
Heating Oil 2.61 -0.0742 -2.76% 1.74% 11.45% Feb/25
Coal 117.00 0.50 0.43% 7.69% 14.71% Feb/24
TTF Gas 30.81 0.67 2.23% -17.63% -25.65% Feb/25
UK Gas 74.80 0.6300 0.85% -18.51% -25.66% Feb/25
Ethanol 1.74 -0.0050 -0.29% 4.83% -1.70% Feb/24
Naphtha 561.58 -2.03 -0.36% 6.17% -14.07% Feb/24
Propane 0.63 -0.02 -2.38% -3.24% -30.89% Feb/24
Uranium 88.95 0.0500 0.06% -0.34% 35.29% Feb/24
Methanol 2,215.00 -33.00 -1.47% -3.78% -13.88% Feb/25



Related Last Previous Unit Reference
United States API Crude Oil Stock Change 11.40 -0.61 BBL/1Million Feb 2026
United States Crude Oil Stocks Change 15.99 -9.01 BBL/1Million Feb 2026
United States Gasoline Stocks Change -1011.00 -3213.00 Thousand Barrels Feb 2026
United States Natural Gas Stocks Change -144.00 -249.00 billion cubic feet Feb 2026

Natural gas
The natural gas futures price is based on delivery at the Henry Hub in Louisiana, the nexus of 16 intra- and interstate natural gas pipeline systems that draw supplies from the region's prolific gas deposits. The contract trades in units of 10,000 million British thermal units (mmBtu). Natural gas accounts for almost a quarter of United States energy consumption. The United States is the biggest natural gas producer followed by Russia. In 2023, the US overtook Australia and Qatar to become the world's largest LNG supplier, driven by rising global prices and increased demand for exports, partly due to supply disruptions and sanctions related to Russia's 2022 actions. The Natural gas market prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our Natural gas market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so.
Actual Previous Highest Lowest Dates Unit Frequency
2.92 2.83 15.78 -1.00 1990 - 2026 USD/MMBtu Daily

News Stream
US Natgas Prices Recover from 5-Month Low
US natural gas futures rose toward $2.9 per MMBtu, rebounding from the five month low of $2.83 in the previous session, supported by stronger LNG exports. Gas flows to export plants climbed to 18.7 billion cubic feet per day so far in February and are on track for a monthly record. However, upside remains limited as weather forecasts turned milder, with above average temperatures expected across much of the western United States through month end, curbing heating needs and power sector consumption. As winter nears its end, traders see a reduced risk of a late season cold spell tightening supplies. Production also stays high, with Lower 48 output averaging 108.7 bcfd in February versus 106.3 bcfd in January. Storage was about 6% below normal in mid February, but the deficit is seen narrowing to near 1%.
2026-02-25
US Natgas Prices Fall to 4-Month Low
US natural gas futures fell below $3 per MMBtu, their lowest level since October, as warmer weather expectations dampened demand prospects. Updated forecasts point to above average temperatures across much of the western United States through the end of the month, reducing the need for heating and easing consumption from power plants. With winter nearing its close, traders see a lower chance of a late season cold spell that could tighten supplies. At the same time, production remains elevated, with Lower 48 output averaging 108.7 billion cubic feet per day in February, up from 106.3 bcfd in January. Storage was about 6% below normal in mid February, but analysts expect the deficit to narrow to around 1% after mild weather limited withdrawals. Still, LNG export flows have strengthened to 18.7 bcfd and are on track for a monthly record.
2026-02-24
US Natgas Prices Pull Back
US natural gas futures pared gains to around 3.06 dollars per MMBtu after rising more than 4% earlier in the session, as traders reassessed demand strength against ample supply. Prices initially climbed on expectations that a powerful winter storm in the Northeast would lift heating demand, with a severe snowstorm shutting schools and disrupting flights, boosting consumption for heating and power generation. LNG exports also supported the move, as pipeline flows to export plants reached 20.2 billion cubic feet on Sunday, about 24% higher than a year ago and near record levels, while average flows to the nine major facilities rose to 18.6 bcfd in February. Still, forecasts from the National Oceanic and Atmospheric Administration point to warmer than normal temperatures in coming weeks. Production also hit a record 108.7 bcfd in the Lower 48, signaling strong supply that may cap further gains.
2026-02-23