Natural Gas Futures Surge on Colder Weather Forecasts
Update: 2025-12-26
Description
Natural gas futures surged on Friday, driven by colder weather forecasts for late December and early January, particularly in the northern and western US. The Energy Information Administration delayed this weeks inventory report due to the Christmas holiday. Despite higher production reaching near-record levels, demand remained soft, and LNG exports held steady. Electricity output increased, offering some support. Inventories are slightly above average, and Europes storage is lower. Active gas rigs remained steady, with production forecasts for next year ticking up. Weather shifts and the upcoming storage report will influence future price movements.
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