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Natural Gas ($GAS) Commodity Forecast: Down 6.3% Today

Morpher AI identified a bearish signal. The commodity price may continue to fall based on the momentum of the negative news.

What is Natural Gas?

Natural Gas is a widely used commodity for heating and electricity generation. Its price is influenced by various factors such as weather conditions, supply and demand dynamics, and export levels.

Why is Natural Gas going down?

GAS commodity is down 6.3% on Jan 14, 2026 15:41

  • The bearish movement in Natural Gas prices can be attributed to uncertainty over reduced gas flows to LNG export facilities, particularly the drop in gas intake at a facility in Texas.
  • Despite colder-than-normal weather forecasts supporting heating demand, the decline in prices was driven by lower demand from LNG facilities and slightly eased domestic production levels.
  • The steady export demand and record LNG shipments have provided some support to prices, but the overall market sentiment was impacted by the reduced gas flows and lower demand from certain facilities.
  • The rebound in prices on Monday was fueled by new weather forecasts showing colder conditions developing across the US, indicating increased heating needs in the near future. However, the market remains sensitive to supply and demand dynamics, as well as export levels.

GAS Price Chart

GAS Technical Analysis

GAS News

US Natgas Prices Tumble 7%

US natural gas futures slid more than 7% to about $3.17/MMBtu, nearing their lowest level October 17, as uncertainty over reduced gas flows to LNG export facilities weighed on prices. The decline was driven mainly by lower demand from Freeport LNG in Texas, where gas intake dropped sharply to 0.7 bcfd on Tuesday. However, flows showed signs of recovery, with deliveries to Freeport rising toward 1.4 bcfd on Wednesday, though still below the recent average of 1.9 bcfd. The plant’s three liquefaction trains can process up to 2.4 bcfd when fully operational. Weather forecasts remain supportive, with colder-than-normal temperatures expected across much of the US through January 28, potentially lifting heating demand later this month. On the supply side, domestic production has eased slightly, averaging 109.4 bcfd in January, down from December’s record.

0 Missing News Article Image US Natgas Prices Tumble 7%

US Natgas Prices Steady Above12-Week Low

US natural gas futures steadied near $3.40/MMBtu, holding above a 12-week low of $3.169 hit on January 9, as strong export demand and colder weather forecasts provided support. LNG shipments remain near record levels, averaging about 18.8 billion cubic feet per day so far this month. Daily feedgas flows reached an all-time high of 19.5 bcfd, driven by record volumes to Cheniere Energy’s Corpus Christi facility, highlighting continued strength in overseas demand. At the same time, weather forecasts point to colder-than-normal temperatures across much of the US through January 28, with the coldest stretch expected around January 18–20, which should boost heating demand. On the supply side, domestic gas production has eased slightly, averaging 109.4 bcfd in January, down from December’s record high.

1 Missing News Article Image US Natgas Prices Steady Above12-Week Low

US Natgas Prices Ease on Tuesday

US natural gas futures fell to $3.33/MMBtu after Monday’s 7.6% surge, which had been driven by record flows to LNG export plants and forecasts for colder weather boosting heating demand. Production in the Lower 48 states eased slightly, averaging 109.4 bcfd in January so far, down from December’s record 109.7 bcfd. Weather models show colder-than-normal conditions across much of the US through January 28, with the coldest period expected around January 18-20, supporting near-term demand. Meanwhile, LNG exports remain at record levels, averaging 18.8 bcfd so far this month. Daily flows hit an all-time high of 19.5 bcfd on Monday, led by 2.6 bcfd to Cheniere Energy’s Corpus Christi plant, surpassing the previous record set in early December.

2 Missing News Article Image US Natgas Prices Ease on Tuesday

Natural gas is up by 5.01%

Natural gas increased 5.01% to 3.3277 USD/MMBtu

3 Missing News Article Image Natural gas is up by 5.01%

US Natgas Prices Rebound on Monday

US natural gas futures rose more than 3% to above $3.25/MMBtu, recovering from a 12-week low of $3.169 last week, as new weather forecasts showed colder conditions developing across much of the country. While demand is expected to stay weak for the next few days, colder weather systems are forecast to arrive soon, which should increase heating needs. Some forecasts slightly reduced how cold it may get, but the overall outlook still points to stronger demand ahead. At the same time, exports of natural gas remain very strong. Shipments to overseas buyers are near record levels, averaging about 18.5 billion cubic feet per day in January. US gas production has dipped a bit from December’s all-time high, easing to around 109.2 billion cubic feet per day. In addition, the latest storage report showed a larger-than-usual drop in supplies, with 114 billion cubic feet withdrawn last week.

4 Missing News Article Image US Natgas Prices Rebound on Monday

Natural Gas Price History

08.00.2026 - GAS Commodity was down 5.3%

  • Natural gas prices decreased due to warmer temperature forecasts affecting heating demand.
  • Increased output and higher-than-expected storage withdrawals further contributed to the price decline.
  • Geopolitical tensions, such as events in Venezuela and their impact on LNG trade routes, added to market uncertainties and pushed natural gas prices lower.
  • Although there were occasional price rebounds, the overall trend for natural gas remains bearish, with prices hitting multi-week lows amid supply concerns and subdued demand.

31.11.2025 - GAS Commodity was down 7.4%

  • Natural gas futures experienced a bearish movement today, dropping by 5.01% to $4.1871 per MMBtu.
  • The decline can be attributed to forecasts of above-normal temperatures leading to reduced short-term demand for heating, as indicated by lower Heating Degree Days and a projected decrease in gas demand.
  • Despite the drop, natural gas is still on track for a 4% gain in 2025, supported by factors like record LNG export flows and rising demand for electrification and gas-fired power generation.
  • The market movement underscores the sensitivity of natural gas prices to weather patterns and demand outlook, highlighting the importance of supply-demand balance in shaping price trends.

02.00.2026 - GAS Commodity was down 5.2%

  • Natural gas prices hit a 10-week low of $3.63 USD/MMBtu, the lowest since October 2025, as forecasts of above-normal temperatures next week led to reduced short-term demand.
  • Despite the decline, natural gas is on track for a roughly 4% gain in 2025, supported by record LNG export flows, but today's drop was influenced by expectations of decreased demand due to warmer weather.
  • The rebound in natural gas prices towards the $4 per MMBtu mark was supported by forecasts of a colder winter, driving utilities to pile on near-term futures. This rebound was further fueled by a decline in natural gas stocks and increased demand for US LNG from major foreign consumers.
  • Overall, the bearish movement in natural gas prices today can be attributed to short-term weather forecasts impacting demand, despite the commodity's positive annual performance driven by various market factors.

12.00.2026 - GAS Commodity was up 5.1%

  • Natural gas prices surged by over 5% to $3.3277/MMBtu, driven by new weather forecasts indicating colder conditions across the US, increasing heating demand.
  • Despite a recent dip in US gas production and a larger-than-usual drop in supplies, exports of natural gas remain strong, supporting prices.
  • The rebound in natural gas prices from a 10-week low was also fueled by a decrease in production levels and forecasts of cooler weather, outweighing concerns of mild temperatures in the short term.
  • The overall bullish movement in natural gas prices reflects a delicate balance between supply, demand, and weather patterns, showcasing the commodity's sensitivity to external factors.

07.00.2026 - GAS Commodity was up 5.5%

  • Natural gas futures surged over 4% to $3.50/MMBtu, bouncing back from a 10-week low as output declined and cooler weather forecasts increased heating demand.
  • Despite warmer-than-normal weather projections, the decline in production and expectations of higher heating demand supported the bullish movement in natural gas prices.
  • The potential easing of sanctions on Russia due to progress in Ukraine peace talks could also have contributed to the positive sentiment, as it may lead to increased gas exports from Russia, the world's second-largest producer.

23.11.2025 - GAS Commodity was up 9.3%

  • Natural gas prices surged by 5% to $4.1631 USD/MMBtu, rebounding from a seven-week low, driven by:
  • Near-record LNG export flows supporting the market.
  • Average deliveries to major US LNG plants exceeding previous records, indicating strong export demand.
  • Traders stepping in to take profits and LNG export flows strengthening, contributing to the price increase.
  • Despite warmer winter temperatures potentially lowering domestic demand, winter demand is forecasted to outpace production, leading to withdrawals from storage to meet the shortfall.

06.00.2026 - GAS Commodity was down 5.3%

  • Natural gas futures plummeted to a 10-week low due to forecasts of above-normal temperatures, signaling decreased demand for heating.
  • The US attack on Venezuela and the capture of President Nicolás Maduro have raised concerns about potential disruptions in LNG trade routes or shipping lanes, impacting natural gas markets.
  • Despite the recent decline, natural gas is set for a second consecutive annual gain in 2025, supported by record LNG export flows and rising demand for electrification and gas-fired power generation in the future.

14.00.2026 - GAS Commodity was down 5.9%

  • Natural gas prices experienced a bearish movement today, declining to $3.33/MMBtu.
  • The decrease can be attributed to the easing of production levels in the Lower 48 states and the slightly reduced cold weather forecasts.
  • Despite the drop, LNG exports remain at record levels, indicating strong overseas demand for natural gas.
  • The market movement suggests that while near-term demand may be impacted by production adjustments and weather forecasts, the overall outlook for natural gas remains supported by robust export demand.

14.00.2026 - GAS Commodity was down 6.3%

  • The bearish movement in Natural Gas prices can be attributed to uncertainty over reduced gas flows to LNG export facilities, particularly the drop in gas intake at a facility in Texas.
  • Despite colder-than-normal weather forecasts supporting heating demand, the decline in prices was driven by lower demand from LNG facilities and slightly eased domestic production levels.
  • The steady export demand and record LNG shipments have provided some support to prices, but the overall market sentiment was impacted by the reduced gas flows and lower demand from certain facilities.
  • The rebound in prices on Monday was fueled by new weather forecasts showing colder conditions developing across the US, indicating increased heating needs in the near future. However, the market remains sensitive to supply and demand dynamics, as well as export levels.

26.11.2025 - GAS Commodity was down 5.3%

  • Natural gas experienced a bearish movement today, with a significant 5.01% decrease in price to 4.1871 USD/MMBtu.
  • Despite a recent rebound from a seven-week low, the market sentiment turned bearish possibly due to concerns over warmer winter temperatures potentially reducing domestic natural gas and electricity demand.
  • The near-record LNG export flows and high production levels might have contributed to the initial price increase, but the market sentiment shifted as investors weighed the impact of weather conditions on demand.
  • The overall outlook for natural gas remains uncertain, with a delicate balance between supply, demand, and external factors shaping the market movement.

09.00.2026 - GAS Commodity was down 5.1%

  • The natural gas prices showed a bearish trend today, decreasing by over 3%.
  • The decline in prices is linked to forecasts of mild weather in the upcoming two weeks, which is expected to reduce heating demand.
  • Anticipated warmth across the US is projected to lower the immediate need for natural gas, leading to a downward price trend.
  • The market is closely monitoring the broader energy-market consequences following the recent US attack on Venezuela. Potential disruptions in LNG trade routes could impact the natural gas markets in the future.

29.11.2025 - GAS Commodity was up 5.2%

  • Natural gas futures rose due to forecasts of colder weather across the US, increasing demand for gas-intensive heating and driving utilities to pile on near-term futures.
  • The decrease in natural gas stocks below their five-year average, despite record-high production levels, was a key factor in the bullish movement.
  • The rise in LNG export capacity and European sanctions against Russian gas also contributed to the increased demand for US LNG, further supporting the bullish trend.
  • The slight decrease in natural gas prices may be attributed to short-term fluctuations or profit-taking after a period of significant gains.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.