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Natural Gas ($GAS) Commodity Forecast: Up 5.1% Today

Morpher AI identified a bullish signal. The commodity price may continue to rise based on the momentum of the good news.

What is Natural Gas?

Natural Gas is a widely used commodity for heating and electricity generation, with its price being influenced by various factors such as supply and demand dynamics, weather conditions, and geopolitical events. Today, the market saw a strong bullish movement in Natural Gas prices.

Why is Natural Gas going up?

GAS commodity is up 5.1% on Oct 30, 2025 19:22

  • Natural Gas prices surged to $3.9 per MMBtu, nearing a three-month high, driven by expectations of increased LNG exports to Europe and Asia, amidst lower stocks in gas trading hubs and reduced Russian gas imports.
  • The bullish trend was further supported by the US administration's focus on energy exports to Asian countries and robust demand from Europe, despite high levels of domestic production and storage.
  • Weather forecasts indicating normal temperatures in the US through mid-November tempered some expectations for stronger heating demand, but colder conditions in the upcoming weeks and strong LNG export activity provided additional support to the Natural Gas prices.
  • Overall, the bullish movement in Natural Gas prices today can be attributed to a combination of factors including increased LNG exports, geopolitical developments impacting supply dynamics, and weather forecasts influencing demand in the market.

GAS Price Chart

GAS Technical Analysis

GAS News

US Natural Gas Rebounds

US natural gas futures rebounded to $3.9 per MMBtu, not too far from the over three-month high of $4 from October 27th as the outlook of ample LNG exports to Europe and Asia pushed back against the high levels of domestic production and storage. Fresh data showed that the average flow of gas to the eight big US LNG export plants were at 16.5 billion cubic feet per day in October, well above the 15.7 bcfd from the previous month to set up a fresh record ahead of the turn of the month. High LNG flows were aligned with added demand from Europe as the gradual shun of Russian gas coincided with lower stocks in gas trading hubs, while the US Presidential administration pressed for pledges of US energy imports for Asian countries negotiating trade deals. Still, domestic production remained elevated at 107 bcfd so far in October. Likewise, national storages at the Lower 48 states rose by 74 bcf on the week ending October 27th, above the consensus of a 71 bcf build.

0 Missing News Article Image US Natural Gas Rebounds

Natural gas is up by 11.05%

Natural gas increased 11.05% to 3.8223 USD/MMBtu

1 Missing News Article Image Natural gas is up by 11.05%

Natural gas Hits 18-week High

Natural gas increased to 3.82 USD/MMBtu, the highest since June 2025. Over the past 4 weeks, Natural gas gained 2.39%, and in the last 12 months, it increased 17%.

2 Missing News Article Image Natural gas Hits 18-week High

US Natgas Prices Fall on Tuesday

US natural gas futures fell about 4% to $3.30 per MMBtu, pressured by steady production and comfortable storage levels. Output has stayed near a three-week high of around 108 billion cubic feet per day (bcfd) over the past few days, while record production earlier this year allowed energy firms to build inventories well above seasonal norms. Current storage levels stand roughly 5% higher than average for this time of year, easing supply concerns ahead of winter. Weather forecasts show mostly normal temperatures across the US through mid-November, tempering expectations for stronger heating demand. Still, some forecasts suggest slightly colder conditions and increased gas consumption in the weeks ahead, supported by robust exports. Flows to the country’s eight major LNG terminals have averaged 16.6 bcfd so far in October, up from 15.7 bcfd in September and above the previous record of 16.0 bcfd set in April.

3 Missing News Article Image US Natgas Prices Fall on Tuesday

US Natgas Prices Snap 3-Day Losing Streak

US natural gas futures climbed to around $3.39/MMBtu on Monday after three straight declines, driven by forecasts for colder weather and higher demand over the next two weeks, alongside strong LNG export activity. Flows to the eight major US LNG export plants have averaged 16.6 billion cubic feet per day (bcfd) so far in October, up from 15.7 bcfd in September and surpassing April’s record of 16.0 bcfd. On Sunday, daily LNG feedgas hit an all-time high of 17.4 bcfd, with flows to Venture Global’s Plaquemines plant in Louisiana reaching a record 3.9 bcfd. Gas output has remained near 108 bcfd in recent days, though average October production has slipped to 107 bcfd from 107.5 bcfd in September. Earlier record output allowed storage levels to rise above seasonal norms, with inventories currently about 5% higher than average.

4 Missing News Article Image US Natgas Prices Snap 3-Day Losing Streak

Natural Gas Price History

29.09.2025 - GAS Commodity was up 13.1%

  • The bullish movement in Natural Gas prices can be attributed to a combination of factors:
  • Despite recent fluctuations, the overall trend has been upward, with prices hitting an 18-week high.
  • Forecasts for colder weather and increased demand, especially from strong LNG export activity, have supported the price surge.
  • While there have been occasional dips due to larger-than-normal storage builds and milder weather, the overall supply-demand dynamics remain favorable for Natural Gas prices.
  • The robust export activity to major LNG terminals and the record-high daily LNG feedgas indicate a healthy demand outlook, contributing to the bullish sentiment in the market.

10.09.2025 - GAS Commodity was down 5.2%

  • Natural gas futures fell to a two-week low due to ample storage levels and forecasts for mild weather, limiting heating and cooling demand.
  • Record-high production earlier this year allowed for larger-than-usual injections into storage, leaving inventories about 4-5% above the seasonal average.
  • Despite some fluctuations, gas flows to US LNG terminals remained strong, indicating continued export demand.
  • The market movement was primarily driven by a larger-than-expected storage build reported, along with forecasts for near-normal weather conditions in the coming weeks.

10.09.2025 - GAS Commodity was down 5.1%

  • Today, Natural Gas experienced a strong bearish movement due to the following reasons:
  • A larger-than-expected storage build reported by the U.S. Energy Information Administration led to a decrease in prices, indicating an oversupply in the market.
  • Despite record production levels earlier this year, storage levels remain above the seasonal norm by about 5%, putting downward pressure on prices.
  • Weather forecasts suggesting mostly near-normal conditions and warmer-than-usual weather in the coming weeks are expected to limit heating demand, further contributing to the bearish sentiment in the market.
  • The decline in output in the Lower 48 states and reduced intake at LNG export facilities also played a role in the price drop, reflecting a decrease in demand for natural gas.

02.09.2025 - GAS Commodity was up 6.5%

  • Natural Gas prices surged to a 10-week high, driven by lower production levels in the Lower 48 and supply concerns.
  • The market was supported by reduced LNG feedgas flows and expectations of warmer-than-usual weather, impacting demand.
  • Despite the potential oversupply risk from new LNG projects globally, strong domestic demand from various sectors could provide price support.
  • Overall, the bullish movement in Natural Gas prices was fueled by a combination of supply constraints, storage levels, and weather forecasts, indicating a complex interplay of factors influencing the market.

20.09.2025 - GAS Commodity was up 5.2%

  • Natural Gas prices surged over 5% today, breaking a two-week losing streak, driven by a decrease in output levels in the Lower 48 states and a rise in gas flows to US LNG export terminals.
  • Despite record-high storage levels and warmer weather forecasts limiting overall consumption, the strong export demand for US natural gas contributed to the bullish movement.
  • The market movement reflects a delicate balance between supply, demand, and global export trends, showcasing the intricate interplay of factors influencing Natural Gas prices.

30.09.2025 - GAS Commodity was up 5.1%

  • Natural Gas prices surged to $3.9 per MMBtu, nearing a three-month high, driven by expectations of increased LNG exports to Europe and Asia, amidst lower stocks in gas trading hubs and reduced Russian gas imports.
  • The bullish trend was further supported by the US administration's focus on energy exports to Asian countries and robust demand from Europe, despite high levels of domestic production and storage.
  • Weather forecasts indicating normal temperatures in the US through mid-November tempered some expectations for stronger heating demand, but colder conditions in the upcoming weeks and strong LNG export activity provided additional support to the Natural Gas prices.
  • Overall, the bullish movement in Natural Gas prices today can be attributed to a combination of factors including increased LNG exports, geopolitical developments impacting supply dynamics, and weather forecasts influencing demand in the market.

26.08.2025 - GAS Commodity was up 12.0%

  • Natural gas prices surged to a 9-week high of 3.22 USD/MMBtu, marking a significant increase over the past month and year. This bullish movement can be attributed to:
  • Strong demand for natural gas due to colder weather forecasts, increasing the need for heating.
  • Lower-than-expected storage levels, indicating a potential supply crunch in the near future.
  • Geopolitical tensions affecting gas production or transportation routes, leading to supply disruptions.
  • Despite the recent increase, natural gas prices might face downward pressure in the near term due to:
  • Abundant gas in storage and forecasts for milder weather reducing immediate demand.
  • Record production levels earlier this year contributing to higher storage injections and surplus inventories.
  • The slight decline in output and LNG exports, signaling a potential oversupply situation in the market.

28.09.2025 - GAS Commodity was down 5.0%

  • Natural gas futures fell due to steady production levels and comfortable storage inventories, easing supply concerns.
  • Colder weather forecasts and higher demand had initially driven prices up, but a larger-than-expected storage build led to the bearish movement.
  • Despite robust LNG export activity and near-normal temperatures expected, the market was influenced by the imbalance between supply and demand, resulting in the price drop.
  • The market's sensitivity to storage reports and weather forecasts highlights the importance of balancing production, consumption, and inventory levels in determining natural gas prices.

23.09.2025 - GAS Commodity was down 5.0%

  • Natural Gas prices experienced a bearish movement today due to a larger-than-expected storage build, indicating ample supply in the market.
  • Despite a recent drop in production and strong demand from LNG export plants, the surplus in storage levels, currently 4.5% above the five-year average, continues to weigh on prices.
  • Warmer-than-normal weather forecasts limiting heating demand and the ongoing trend of high storage levels are likely to keep natural gas prices under pressure in the near term.
  • The rebound in prices seen in the past week was not sustained, as the overall market sentiment remains bearish due to the combination of mild weather conditions and robust storage levels.

03.09.2025 - GAS Commodity was down 5.7%

  • Natural gas prices experienced a bearish movement due to the following reasons:
  • Despite bullish indications of lower-than-expected builds in storage, the market faced uncertainty due to conflicting signals from production, exports, and weather.
  • A temporary halt in the price increase and a subsequent decline from a ten-week high were driven by forecasts of warmer weather and decreased demand, affecting market sentiment.
  • Reduced LNG feedgas flows and decreased activity at major facilities contributed to the downward pressure on prices, signaling potential disruptions in supply.
  • Worries about oversupply in global LNG markets, which could impact US exporters and push prices down, added to the prevailing bearish sentiment.

30.08.2025 - GAS Commodity was up 5.2%

  • Natural gas prices surged to a 10-week high of $3.20/MMBtu due to lower production levels in the Lower 48, leading to supply concerns and supporting prices.
  • Despite a slight dip to $3.16/MMBtu on Friday, prices were still on track for a weekly gain of nearly 10%, driven by the ongoing supply constraints and above-normal warmth forecasts.
  • The increase in prices can be attributed to the combination of reduced production, high storage levels, and strong domestic demand, with the potential for oversupply from new global LNG projects posing a future risk.

08.09.2025 - GAS Commodity was down 5.1%

  • Natural gas prices experienced a bearish movement today, dropping by 5% to $3.3232/MMBtu.
  • The decline in prices can be attributed to a combination of factors, including a decrease in daily output, larger-than-usual injections into storage, and forecasts of mostly average weather conditions limiting heating demand.
  • Additionally, the broader energy market sentiment, influenced by factors like OPEC+'s output decisions and EIA storage reports, also played a role in the market movement.
  • Despite the recent drop, natural gas prices had been on track for a second weekly gain, indicating some volatility and mixed sentiments in the market.
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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.