US natural gas futures extended gains towards the $8.0/MMBtu mark, recovering further from an almost three-month low of $6/MMBtu touched earlier this week, supported by falling output and greater demand for cooling as the weather turned hotter in the United States. Data provider Refinitiv said average gas output in the US dropped to 95.1 billion cubic feet per day (bcfd) in June from 95.2 bcfd in May. That compares with a monthly record of 96.1 bcfd in December 2021. Still, prices remain roughly 20% from their June peak of $9.7/MMBtu amid higher domestic supplies. The recent explosion at one of the biggest US liquefied natural gas export terminals in Texas is keeping an additional two bcf a day of natural gas in the US market despite soaring international demand, easing pressure from domestic prices. Freeport LNG said it doesn't expect the terminal to return to entire operations until late 2022, with partial production resuming perhaps in three months.

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 June of 2022.

Natural gas is expected to trade at 6.58 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 7.80 in 12 months time.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
Natural gas

Price Day Month Year
Crude Oil 110.01 0.230 0.21% -1.70% 46.23%
Brent 116.02 -0.24 -0.21% 0.36% 52.98%
Natural gas 6.49 -0.0080 -0.12% -20.25% 77.27%
Gasoline 3.74 -0.0829 -2.17% -4.39% 65.11%
Heating Oil 4.02 -0.0149 -0.37% 2.21% 86.52%
Coal 380.00 -13.50 -3.43% -5.24% 175.86%
TTF Gas 139.59 10.41 8.06% 58.65% 303.18%
UK Gas 174.12 7.3700 4.42% 4.95% 102.77%
Ethanol 2.80 -0.0100 -0.36% 1.52% 17.54%
Naphtha 801.17 -1.60 -0.20% -9.82% 26.45%
Propane 1.22 -0.0002 -0.02% -1.42% 25.21%
Uranium 50.65 0.5500 1.10% 5.85% 56.33%
Methanol 2,591.00 16.00 0.62% -6.87% 2.13%

Natural gas
Natural gas accounts for almost a quarter of United States energy consumption. The NYMEX Division natural gas futures contract is widely used as a national benchmark price. The futures contract trades in units of 10,000 million British thermal units (mmBtu). The 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 United States is the biggest natural gas producer followed by Russia. 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
6.49 6.50 15.78 1.04 1990 - 2022 USD/MMBtu Daily