US natural gas futures fell toward $1.6/MMBtu to their lowest in over two months, weighed by seasonal weakness and bigger-than-expected storage build. The latest EIA report showed, US utilities added 92 billion cubic feet (bcf) of gas into storage during the week ended April 19th, 2024, the biggest rise in six months, compared with market expectations of an 87 bcf increase. Stocks stood at 2,425 Bcf, 439 Bcf higher than last year at this time and 655 Bcf (or 37%) above the five-year average of 1,770 Bcf. On the other hand, the supply was still catching up with the demand. According to financial company LSEG, gas output in Lower 48 states decreased to an average of 96.8 billion cubic feet per day in April from 100.8 billion cubic feet per day in March due to maintenance activities, well shut-ins, and lower investments.

Natural gas decreased 0.35 USD/MMBtu or 15.24% since the beginning of 2024, 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 April 26 of 2024.

Natural gas decreased 0.35 USD/MMBtu or 15.24% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Natural gas is expected to trade at 1.79 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 2.03 in 12 months time.



Price Day Month Year Date
Crude Oil 83.95 0.186 0.22% 3.19% 12.29% Apr/26
Brent 89.27 0.158 0.18% 4.52% 14.12% Apr/26
Natural gas 1.97 -0.0147 -0.74% 14.74% -16.29% Apr/26
Gasoline 2.77 -0.0019 -0.07% 3.51% 10.95% Apr/26
Heating Oil 2.57 0.0137 0.54% -1.31% 9.18% Apr/26
Coal 135.75 0.25 0.18% 5.31% -28.61% Apr/25
TTF Gas 29.62 -0.29 -0.96% 6.96% -24.14% Apr/26
UK Gas 74.13 -0.6512 -0.87% 7.09% -18.12% Apr/26
Ethanol 1.71 0 0% 8.06% -29.48% Apr/25
Naphtha 688.95 1.61 0.23% -2.92% 1.91% Apr/25
Propane 0.81 0.002 0.25% -1.39% -0.23% Apr/25
Uranium 86.10 -2.7000 -3.04% -1.03% 60.34% Apr/25
Methanol 2,527.00 -4.00 -0.16% 1.12% 5.82% Apr/26


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. 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
1.97 1.99 15.78 -1.00 1990 - 2024 USD/MMBtu Daily