Natural Gas ($GAS) Commodity Forecast: Up 5.3% Today

What is Natural Gas?

Natural Gas is a widely used commodity for heating and electricity generation. Today, the market saw a strong bullish movement in Natural Gas prices.

Why is Natural Gas going up?

GAS commodity is up 5.3% on May 15, 2026 13:15

• Natural gas futures climbed to a seven-week high of $2.93 per MMBtu due to an in-line storage injection and a decline in output, with production dropping to a 15-week low.
• The bullish movement was supported by energy companies scaling back activity in response to weak spot prices, easing flows to US export facilities, and mostly normal weather conditions limiting demand.
• The market reacted positively to the EIA reporting a storage build in line with expectations, with total inventories rising above year-ago levels and the seasonal average.
• Despite some fluctuations in prices, the overall trend remained bullish as declining production, improved demand expectations, and maintenance at export facilities continued to support prices.

GAS Price Chart

GAS Technical Analysis

GAS News

US Natgas Prices Hit 7-Week High

US natural gas futures climbed to $2.93 per MMBtu, reaching a seven-week high, following an in-line storage injection and a continued decline in output. The EIA reported an injection of 85 bcf of gas into storage for the week ended May 8, matching forecasts, below the 109 bcf build a year earlier and close to the five-year average increase of 84 bcf. On the supply side, production continued to fall as some energy companies, such as EQT, scaled back activity in response to persistently weak spot prices, with daily production dropping to a 15-week low. Meanwhile, flows to major US export facilities eased from a monthly record of 18.8 bcfd in April to around 17.0 bcfd so far in May, with daily volumes slipping to a 15-week low amid seasonal maintenance at plants including Golden Pass and Freeport LNG. Weather forecasts point to mostly normal conditions through late May, limiting near-term upside demand from cooling needs.

US Natgas Pares Losses After EIA Data

US natural gas futures trimmed earlier losses to trade around $2.83 per MMBtu on Thursday after the EIA reported a storage build broadly in line with expectations, while LNG feedgas flows continued to weaken during the spring maintenance period. Energy firms injected a near-normal 85 billion cubic feet of gas into storage last week, matching forecasts and close to the five-year average increase of 84 billion cubic feet. Total inventories rose to 2.290 trillion cubic feet, about 2.3% above year-ago levels and 6.5% above the seasonal average. LNG feedgas to major US export facilities has dropped from an April record of 18.8 billion cubic feet per day to around 17.0 bcfd in May, with further declines to a 15-week low near 15.9 bcfd due to maintenance at plants including Golden Pass and Freeport LNG. Domestic production has also eased slightly to 109.2 bcfd so far in May, while weather forecasts point to mostly normal conditions through late May.

US Natgas Prices Fall Ahead EIA Data

US natural gas futures fell to $2.8116 per MMBtu ahead of the weekly federal storage report, with markets expecting energy firms to have added a near-normal 85 billion cubic feet of gas into storage last week. That compares with an injection of 109 billion cubic feet during the same week last year and a five-year average build of 84 billion cubic feet. If confirmed, total stockpiles would rise to 2.290 trillion cubic feet, around 2.3% above year-ago levels and 6.5% above the five-year average. Production has softened in recent weeks as some producers, including EQT, curtailed output due to persistently weak spot prices. Meanwhile, gas flows to major US export facilities declined from a monthly record due to seasonal maintenance work at several plants, including Freeport LNG in Texas and Cameron LNG in Louisiana.

US Natgas Prices Hover Near 6-Week High

US natural gas futures rose to around $2.87 per MMBtu, moving back near a six-week high, as declining production and improved demand expectations continued to support prices. Output has softened in recent weeks as some energy companies, such as EQT, curtailed output due to persistently low spot prices. Forecasts showed gas demand across the Lower 48 states, including exports, averaging around 98.9 bcfd this week and next, with the latest projections revised slightly higher from the previous outlook. Meanwhile, gas flows to major US export facilities declined from a monthly record due to seasonal maintenance work at several plants, including Freeport LNG in Texas and Cameron LNG in Louisiana. Investors now await the weekly storage report, which is expected to show that the surplus in inventories relative to the five-year average remained largely unchanged.

US Natgas Prices Fall More than 3%

US natural gas futures fell more than 3% to around $2.8 per MMBtu as expectations for weaker demand, elevated storage levels, and lower LNG feedgas flows weighed on prices. Mild spring weather earlier in the season allowed utilities to inject more gas into storage than usual, leaving inventories about 7% above seasonal norms as of early May. Weather forecasts suggest mostly near average conditions through late May, limiting near term demand upside. LNG exports also softened, with flows to major US export terminals averaging 17.1 bcfd so far in May, down from April’s record 18.8 bcfd due to seasonal maintenance. Domestic production has also eased slightly, with Lower 48 output slipping to about 109.3 bcfd from April levels, as low spot prices prompted some producers, including EQT, to curb output.

Trending Today

Dogecoin ($DOGE) Crypto Forecast: Down 5.1% Today

Solana ($SOL) Crypto Forecast: Down 5.6% Today

Advance Auto Parts Inc W/I ($AAP) Stock Forecast: Down 5.1% Today

NRG Energy Inc. ($NRG) Stock Forecast: Down 5.0% Today

Ubiquiti ($UI) Stock Forecast: Down 5.2% Today

Franco-Nevada Corp. ($FNV) Stock Forecast: Down 5.2% Today

Enphase Energy Inc. ($ENPH) Stock Forecast: Up 11.1% Today

Ford Motor Company ($F) Stock Forecast: Down 7.1% Today

ServiceNow Inc. ($NOW) Stock Forecast: Up 5.0% Today

Kornit Digital Ltd. ($KRNT) Stock Forecast: Down 5.4% Today

Natural Gas Price History

23.03.2026 - GAS Commodity was down 5.1%

• Natural gas futures fell due to a combination of factors including a recent increase in production, near-record flows to LNG export facilities, and mild spring weather allowing for strong storage injections.
• The market was also influenced by hopes for a negotiated end to the Middle East conflict, with news of US Vice President JD Vance's upcoming peace talks in Pakistan and Iran's potential delegation participation.
• Despite some attempts at a rebound supported by a drop in output and expectations of stronger demand, prices remained close to their lowest levels since October 2024 due to a persistent storage surplus and forecasts of warmer-than-normal conditions limiting heating demand.

23.03.2026 - GAS Commodity was down 5.0%

• Natural gas futures fell due to ample storage levels, strong injections into inventories, and mild spring weather keeping heating demand subdued.
• Despite recent production declines and near-record flows to LNG export facilities, the market remained under pressure from the large storage surplus.
• Forecasts of warmer weather across the US Midwest through late April are expected to further reduce heating demand and limit power-sector consumption, leading to a bearish sentiment in the natural gas market.
• The broader decline in energy markets, influenced by hopes for a negotiated end to the Middle East conflict, also contributed to the drop in natural gas prices today.

12.04.2026 - GAS Commodity was up 5.0%

• Natural gas prices surged to over a 6-week high of $2.91 per MMBtu due to declining production and the restart of a liquefaction train at a LNG export facility, indicating a tightening supply scenario.
• The continued drop in output, especially by major producers, in response to weak spot prices, has contributed to the bullish trend in prices.
• Lower LNG flows to export terminals due to seasonal maintenance have also played a role in pushing prices higher, as more gas remains in the domestic market, leading to increased demand and reduced supply.

20.02.2026 - GAS Commodity was down 5.7%

• The bearish movement in Natural Gas prices today can be attributed to:
• Warmer spring outlook and record domestic production offsetting ongoing supply risks from the Middle East conflict.
• Smaller than expected inventory withdrawals indicating fading heating demand as winter comes to an end.
• Limited impact on US prices from disruptions in the Middle East due to sufficient domestic production levels meeting demand.
• Global energy costs decreasing and reduced price pressure on American fuel following political statements hinting at a potential end to hostilities.

30.03.2026 - GAS Commodity was up 5.6%

• Natural Gas prices surged today despite recent lows, attributed to decreased production by major producers and industry response.
• Mild weather and warm spring temperatures have lowered heating demand, causing storage levels to rise significantly.
• Despite expected cooler weather, demand is unlikely to rise significantly, keeping prices pressured.
• High LNG export feedgas flows in April may have also influenced the bullish movement in Natural Gas prices.

08.03.2026 - GAS Commodity was down 5.1%

• Natural gas prices experienced a bearish movement due to mild spring weather leading to lower demand and increased storage levels.
• The ongoing tensions in the Middle East, particularly with Iran, have added uncertainty to global energy markets, but US natural gas prices have remained relatively stable due to strong production and ample inventories.
• Despite occasional rebounds in prices, the overall trend remains bearish as warmer weather forecasts and expectations of rising inventories continue to weigh on the market.
• The recent fluctuations in natural gas prices highlight the importance of monitoring both domestic factors like production levels and storage data, as well as international developments that could impact energy markets.

15.04.2026 - GAS Commodity was up 5.3%

• Natural gas futures climbed to a seven-week high of $2.93 per MMBtu due to an in-line storage injection and a decline in output, with production dropping to a 15-week low.
• The bullish movement was supported by energy companies scaling back activity in response to weak spot prices, easing flows to US export facilities, and mostly normal weather conditions limiting demand.
• The market reacted positively to the EIA reporting a storage build in line with expectations, with total inventories rising above year-ago levels and the seasonal average.
• Despite some fluctuations in prices, the overall trend remained bullish as declining production, improved demand expectations, and maintenance at export facilities continued to support prices.

23.02.2026 - GAS Commodity was down 5.1%

• Natural gas futures dropped by over 5.5% to $2.92 per MMBtu due to milder weather forecasts leading to weaker demand for heating and power generation.
• Prices were also pushed lower by a broader energy selloff after mentions of efforts to end the war in Iran, causing declines in oil and energy futures.
• The ample inventories and limited short term exposure to global markets, along with geopolitical tensions, have contributed to the relative stability of US gas prices despite ongoing conflicts.
• The bearish movement was further worsened by a 35 billion cubic feet increase in storage, indicating a decrease in heating demand as the winter season comes to an end.

24.03.2026 - GAS Commodity was down 6.0%

• Natural gas prices hit an 18-month low of $2.56 per MMBtu, driven by ample storage levels and continued strong injections into inventories, leading to a storage surplus and pressure on prices.
• Mild spring weather has kept heating demand subdued, allowing for above-normal injections into storage, while forecasts of near-normal temperatures through early May are expected to limit demand upside, contributing to the bearish trend.
• Despite recent declines in production and near-record flows to LNG export facilities, prices remain low due to the persistent storage surplus and the expectation of reduced heating and power demand as the market moves into the low-demand spring shoulder season.
• The broader decline in energy markets, influenced by hopes for a negotiated end to the Middle East conflict, also played a role in the drop in natural gas prices to $2.65 per MMBtu, as investors shifted focus towards geopolitical developments and away from energy commodities.

27.03.2026 - GAS Commodity was up 8.2%

• Natural gas prices rose today, despite hovering near an 18-month low, as production declines and record-high LNG feedgas flows provided some support.
• Mild weather conditions and above-normal spring temperatures have led to strong storage injections and ample inventories, keeping prices subdued.
• Despite forecasts suggesting limited demand upside due to fading heating needs and slow emergence of summer cooling demand, the market saw a bullish movement possibly due to the recent decline in production levels.
• The overall sentiment remains bearish as prices are still near multi-year lows and the market continues to be pressured by high storage levels and subdued demand.

24.02.2026 - GAS Commodity was down 5.1%

• Natural gas futures experienced a bearish movement due to warmer weather forecasts leading to reduced heating demand.
• Prices were also impacted by broader energy selloffs and geopolitical tensions, such as talks about ending conflicts in certain regions, influencing oil prices and energy futures.
• Global supply conditions played a role in the market movement, with disruptions in LNG exports from key regions due to escalating tensions in certain areas.
• Despite regional oversupply, tightening global markets amid geopolitical events and potential changes in oil sanctions could stabilize prices in the near term.

06.04.2026 - GAS Commodity was down 5.0%

• Natural gas prices declined due to lower LNG flows, as pipeline flows to export terminals decreased, leaving more gas in the US market.
• The gradual increase in cooling demand as summer approaches could provide some support to prices in the near future.
• Producers like EQT Corporation have reduced output in response to weak prices, contributing to the decline in supply and potentially impacting prices positively in the coming weeks.
• Despite the bearish movement, the market remains cautious as storage levels are still above the seasonal average, indicating a potential oversupply situation that could continue to put pressure on prices.