Actual
2.7322
Daily Change
0.07 2.64%
Monthly
-5.69%
Yearly
-7.51%
Q3 Forecast
2.7639
Natural gas - Summary

US natural gas prices hovered below $2.70 per MMBtu, near the lowest level since April, pressured by a larger-than-expected build-up in storage. The EIA report showed energy firms injected 33 bcf of gas into storage in the week ended July 31, exceeding forecasts of a 31 bcf increase, last year’s 13 bcf build, and the five-year average rise of 23 bcf. On top of that, production remained near record highs despite a slight easing, with Lower 48 dry gas output averaging 110.6 bcfd so far in August, compared with a record 110.7 bcfd in July. LNG feedgas demand also continued to weaken, with average flows to the nine major LNG export plants falling to 16.9 bcfd so far this month from 17.2 bcfd in July, due partly to reduced operations at Freeport LNG in Texas and the single operating liquefaction train at Golden Pass. These factors more than offset support from expectations of higher weather-driven demand, with forecasts pointing to mostly above-normal temperatures through August 21.

Natural gas - Stats

Natural gas rose to 2.73 USD/MMBtu on August 10, 2026, up 2.71% from the previous day. Over the past month, Natural gas's price has fallen 5.62%, and is down 7.44% 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 August 10 of 2026.

Natural gas - Forecast

Natural gas rose to 2.73 USD/MMBtu on August 10, 2026, up 2.71% from the previous day. Over the past month, Natural gas's price has fallen 5.62%, and is down 7.44% 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 2.76 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 3.42 in 12 months time.



Price Day Month Year Date
Crude Oil 78.64 0.455 0.58% 0.63% 22.94% Aug/10
Brent 84.22 0.665 0.80% 1.10% 26.39% Aug/10
Natural gas 2.73 0.0702 2.64% -5.69% -7.51% Aug/10
Gasoline 2.99 0.0069 0.23% -5.50% 43.80% Aug/10
Heating Oil 3.95 0.0463 1.19% 3.27% 72.36% Aug/10
Coal 127.85 -0.40 -0.31% -0.97% 12.94% Aug/07
EU Gas 56.25 0.70 1.26% 9.33% 70.45% Aug/10
UK Gas 135.95 -0.9600 -0.70% 16.50% 70.94% Aug/07
Ethanol 1.97 0.0275 1.42% 2.07% 13.06% Aug/07
Naphtha 717.12 14.44 2.05% 8.41% 29.01% Aug/07
Propane 0.68 0.001 0.21% -9.34% 1.68% Aug/07
Uranium 86.50 0 0% 1.11% 20.22% Aug/07
Methanol 2,497.00 36.00 1.46% 2.29% 4.78% Aug/07



Related Last Previous Unit Reference
United States API Crude Oil Stock Change 2.69 3.30 BBL/1Million Jul 2026
United States Crude Oil Stocks Change 2.48 -7.17 BBL/1Million Jul 2026
United States Gasoline Stocks Change -1643.00 7.00 Thousand Barrels Jul 2026
United States Natural Gas Stocks Change 33.00 28.00 billion cubic feet Jul 2026

Natural gas
Natural gas is a key global energy commodity and a major component of electricity generation, heating, and industrial activity. Its prices are closely monitored due to their impact on energy costs, economic activity, and seasonal demand patterns. Natural gas futures in the United States are based on delivery at the Henry Hub in Louisiana, a central distribution point connected to an extensive network of interstate and intrastate pipelines supplying gas from major producing regions. Each contract is traded in units of 10,000 million British thermal units (mmBtu). Natural gas accounts for a significant share of U.S. energy consumption, with the United States being the world’s largest producer, followed by Russia. In recent years, the U.S. has also become the leading exporter of liquefied natural gas (LNG), supported by strong global demand and shifting supply dynamics. Natural gas prices displayed on Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments and are intended to provide a general market reference only. These prices do not represent official benchmark prices. The data is supplied by a third party and, while efforts are made to ensure its reliability, Trading Economics does not verify the data and makes no representations or warranties.
Actual Previous Highest Lowest Dates Unit Frequency
2.73 2.66 15.78 -1.00 1990 - 2026 USD/MMBtu Daily

News Stream
US Natural Gas Drops to Over 3-Month Low
US natural gas prices hovered below $2.70 per MMBtu, near the lowest level since April, pressured by a larger-than-expected build-up in storage. The EIA report showed energy firms injected 33 bcf of gas into storage in the week ended July 31, exceeding forecasts of a 31 bcf increase, last year’s 13 bcf build, and the five-year average rise of 23 bcf. On top of that, production remained near record highs despite a slight easing, with Lower 48 dry gas output averaging 110.6 bcfd so far in August, compared with a record 110.7 bcfd in July. LNG feedgas demand also continued to weaken, with average flows to the nine major LNG export plants falling to 16.9 bcfd so far this month from 17.2 bcfd in July, due partly to reduced operations at Freeport LNG in Texas and the single operating liquefaction train at Golden Pass. These factors more than offset support from expectations of higher weather-driven demand, with forecasts pointing to mostly above-normal temperatures through August 21.
2026-08-07
US Natgas Prices Fall to Over 3-Month Low
US natural gas prices declined below $2.7 per MMBtu, reaching their lowest level in more than three months, as expectations for weaker demand and milder weather weighed on the market. Forecasts pointed to moderating temperatures across much of the country in the coming weeks, reducing the likelihood of a significant increase in gas consumption. Prices have also been pressured by record production levels and ample inventories, with storage volumes remaining above the five-year average since March due to strong output and mild spring conditions. Analysts expect inventories to stand around 6.6% above normal for the week ended July 31. US Lower 48 gas production averaged a record 110.7 billion cubic feet per day in July, while flows to major LNG export facilities declined due to maintenance disruptions. Meanwhile, improving prospects for a US-Iran agreement and potential reopening of the Strait of Hormuz further reduced energy market concerns and added downward pressure on prices.
2026-08-04
US Natgas Prices Edge Up Slightly After EIA Data
US natural gas prices edged up to around $2.77 per MMBtu after the latest EIA report showed a smaller-than-expected increase in storage last week. Energy firms added 28 billion cubic feet of gas in the week ended July 24, below market expectations for a 35 bcf build. Despite the modest rebound, prices remained near their lowest level since early May as inventories stayed 6.4% above the five-year seasonal average, indicating ample supply. Production also remained strong, with output in the Lower 48 states averaging 110.6 bcfd so far in July, matching the record monthly high set in December 2025. LNG export demand softened slightly, with flows to major export terminals averaging 17.2 bcfd, down from 17.4 bcfd in June, partly because of scheduled maintenance at Freeport LNG’s Texas facility. Updated weather forecasts calling for cooler temperatures across the central and eastern US in the coming weeks also weighed on prices by reducing expected air-conditioning demand.
2026-07-30