Natural Gas Price Outlook
Natural gas prices skyrocketed in recent weeks on improving fundamentals. On 6 November, the Henry Hub Natural Gas price was USD 2.89 per one million British thermal units (MMBtu), which was 15.1% higher than on the same day in the previous month. Moreover, the price was up 32.0% on a year-to-date basis and was 2.1% higher than on the same day in 2019. Prices climbed higher this month as both tightening supply and improving demand pushed up markets. EIA data at the end of October showed a lower-than-expected rise in supplies, bolstering positive price pressures. Furthermore, forecasts of colder weather this winter and the expectation of higher residential consumption—as a result of increased work-from-home policies due to the pandemic—boosted demand for natural gas.Natural Gas Price History Data (USD per MMBtu, aop)
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| Natural Gas | 2.63 | 2.55 | 3.02 | 3.07 | 2.53 |
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Price forecasts and historical data for Energy, Metals and Agricultural Commodities.
Natural Gas Historical Price Chart
Sample Report
Price forecasts and historical data for Energy, Metals and Agricultural Commodities
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