Actual
2.9448
Daily Change
0.05 1.69%
Monthly
9.47%
Yearly
-5.10%
Q3 Forecast
2.8677
Natural gas - Summary

US natural gas prices rose above $2.94 per million British thermal units, reaching their highest level since September 4, driven by lower production and forecasts for continued warm weather. Average output across the Lower 48 states was expected to fall to a two-month low of 108.4 bcfd on Tuesday. Hotter-than-normal conditions have also increased gas consumption for power generation, with analysts estimating that storage was 3.6% above the five-year average in the week ending September 11, down from 4.8% the previous week. Despite record production and mild spring weather keeping inventories above the five-year average since March, the surplus has continued to narrow. Meteorologists expect temperatures to remain mostly above normal through September 30, likely sustaining elevated demand for air conditioning and gas-fired power generation. Meanwhile, average flows to the nine major US LNG export facilities rose to 18.3 bcfd so far in September, up from 17.2 bcfd in August.

Natural gas - Stats

Natural gas rose to 2.94 USD/MMBtu on September 15, 2026, up 1.69% from the previous day. Over the past month, Natural gas's price has risen 9.48%, but it is still 5.10% lower than a year ago, 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 September 15 of 2026.

Natural gas - Forecast

Natural gas rose to 2.94 USD/MMBtu on September 15, 2026, up 1.69% from the previous day. Over the past month, Natural gas's price has risen 9.48%, but it is still 5.10% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Natural gas is expected to trade at 2.87 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 3.64 in 12 months time.



Price Day Month Year Date
Crude Oil 105.48 4.090 4.03% 24.83% 63.48% Sep/15
Brent 108.50 2.820 2.67% 19.40% 58.46% Sep/15
Natural gas 2.94 0.0488 1.69% 9.47% -5.10% Sep/15
Gasoline 3.47 0.1518 4.58% 6.08% 69.58% Sep/15
Heating Oil 5.25 0.2920 5.89% 18.40% 119.49% Sep/15
Coal 146.85 0.10 0.07% 13.57% 44.68% Sep/14
EU Gas 80.94 -1.62 -1.96% 31.06% 150.38% Sep/15
UK Gas 201.00 -4.1900 -2.04% 31.77% 153.47% Sep/15
Ethanol 2.06 -0.0100 -0.48% 0.98% 3.27% Sep/14
Naphtha 864.93 14.86 1.75% 15.48% 51.65% Sep/15
Propane 0.85 -0.001 -0.10% 16.80% 19.46% Sep/14
Uranium 90.00 -0.1500 -0.17% 2.56% 19.60% Sep/14
Methanol 3,429.00 -2.00 -0.06% 25.65% 50.13% Sep/15



Related Last Previous Unit Reference
United States API Crude Oil Stock Change 7.14 -0.30 BBL/1Million Sep 2026
United States Crude Oil Stocks Change -0.39 -4.45 BBL/1Million Sep 2026
United States Gasoline Stocks Change 1269.00 -1173.00 Thousand Barrels Sep 2026
United States Natural Gas Stocks Change 40.00 30.00 billion cubic feet Sep 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
2.94 2.90 15.78 -1.00 1990 - 2026 USD/MMBtu Daily

News Stream
US Natgas Prices Rise for 2nd Session
US natural gas prices rose above $2.94 per million British thermal units, reaching their highest level since September 4, driven by lower production and forecasts for continued warm weather. Average output across the Lower 48 states was expected to fall to a two-month low of 108.4 bcfd on Tuesday. Hotter-than-normal conditions have also increased gas consumption for power generation, with analysts estimating that storage was 3.6% above the five-year average in the week ending September 11, down from 4.8% the previous week. Despite record production and mild spring weather keeping inventories above the five-year average since March, the surplus has continued to narrow. Meteorologists expect temperatures to remain mostly above normal through September 30, likely sustaining elevated demand for air conditioning and gas-fired power generation. Meanwhile, average flows to the nine major US LNG export facilities rose to 18.3 bcfd so far in September, up from 17.2 bcfd in August.
2026-09-15
US Natgas Prices Rise on Monday
US natural gas prices rose to $2.9 per million British thermal units, supported by lower domestic production and stronger LNG exports. Average gas output across the Lower 48 states fell to a two-week low of 111.7 bcfd on Friday, while flows to the nine major US LNG export facilities climbed to a 20-week high of 18.8 bcfd. Although record production and mild spring weather have kept inventories above the five-year average since March, hotter temperatures are now beginning to narrow the surplus. Analysts estimate that storage was around 3.6% above normal in the week ending September 11, down from 4.8% a week earlier. Looking ahead, forecasts indicate that temperatures will remain mostly above normal through September 26, although conditions are expected to be less extreme than previously projected. The warmer weather should keep power generators relying more heavily on natural gas to meet increased air-conditioning demand, providing further support for prices.
2026-09-14
US Natgas Prices Fall to 3-Week Low
US natural gas prices fell to $2.8/MMBtu, reaching a three-week low after the EIA reported a larger-than-expected storage build. Utilities added 40 billion cubic feet to inventories in the week ending September 4, above expectations for a 31-bcf increase and lifting total stocks to 3.254 trillion cubic feet. Inventories are 4.8% above the five-year average, reinforcing concerns over ample supply. Production has also remained strong, with Lower 48 output averaging 112.9 bcfd so far in September, above August’s monthly high. These factors have outweighed support from robust demand. Above-average temperatures across the South and Southeast are expected to sustain air-conditioning demand, while gas deliveries to major LNG export facilities have increased. Rising European and Asian demand for US LNG, as buyers seek alternatives to disrupted Middle Eastern supplies and prepare for winter, is providing additional underlying support to the market.
2026-09-10