U.S. natural gas futures rose 1.6% after the Energy Information Administration (EIA) reported a storage build of 74 billion cubic feet—closely aligned with market forecasts. The modest gain reflects balanced fundamentals, with LNG demand and colder weather offsetting high production and inventory levels.
U.S. natural gas futures posted a 1.6% intraday gain on November 6, 2025, following the EIA’s weekly storage report, which showed a 74 billion cubic feet (Bcf) build—in line with analyst expectations. The data helped stabilize prices after a volatile week marked by fluctuating weather forecasts and strong LNG flows.
The Henry Hub December contract settled near $4.03/MMBtu, recovering from earlier lows amid signs of colder weather in late November and record LNG feed gas flows of 16.7 Bcf/day. However, upside momentum remains fragile due to elevated storage levels and robust domestic production.
Traders are now watching for a breakout above the 52-week average of $4.404/MMBtu, which could signal stronger bullish sentiment heading into winter.
Key Highlights:
Storage Build: 74 Bcf for week ended Oct 30, matching forecasts
Price Movement: Futures up 1.6%, December contract near $4.03/MMBtu
LNG Demand: Record flows at 16.7 Bcf/day support prices
Weather Outlook: Colder forecasts for Nov 9–13 boost sentiment
Technical Watch: Resistance at $4.404/MMBtu eyed by traders
Natural gas markets remain delicately balanced, with weather and export dynamics shaping near-term price action.
Sources: FXEmpire, EIA Short-Term Energy Outlook, Investing.com