MARKET INTELLIGENCE & INDUSTRY NEWS

Natural Gas Market Update – December 1, 2025

U.S. Natural Gas Storage Report – Week Ending November 21, 2025: Modest 11 Bcf Withdrawal Keeps Inventories Elevated

Natural Gas Market Update – November 25, 2025

Natural Gas Futures 11-24-25 NYMEX Natural Gas futures rise as colder forecasts and strong LNG demand tighten balances heading into Thanksgiving week.

Natural Gas Futures 11-21-25 Natural gas futures continued their upward trend today, November 21, 2025, with the December contract reaching $4.589/MMBtu during early trading. Strong weather forecasts and sustained LNG demand are supporting the price increases. Front-Month NYMEX Contract (December 2025) Wednesday’s Close: $4.526/MMBtu Thursday Morning High: $4.589/MMBtu (+$0.063) Trend: Upward momentum persists, but analysts caution against chasing extended monthly gains. 🗄️

EIA Natural Gas Storage Report 11-20-25 Summary The EIA reported a 14 Bcf withdrawal from U.S. natural gas storage for the week ending November 14, 2025, marking the first net draw of the heating season. Total working gas in storage now stands at 3,946 Bcf, which is 23 Bcf below last year’s level but still 146 Bcf above the five-year average of 3,800 Bcf. Analyst expected today’s EIA weekly storage report to show a withdrawl at about 11-17 Bcf. This week’s draw signals the

Natural Gas Futures 11-19-25 Natural gas futures rose once more today, November 19, 2025, with the December contract hitting $4.526/MMBtu during early trading. Positive weather predictions and robust LNG demand continue to bolster prices. Front-Month NYMEX Contract (December 2025) • Tuesday’s Close: $4.371/MMBtu • Wednesday Morning High: $4.526/MMBtu (+$0.155) • Trend: Upward momentum remains, though analysts advise caution against pursuing extended monthly gains 🗄️ Storage