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US natural gas futures fell about 3% as record Lower 48 output, high storage and lower demand forecasts outweighed record LNG flows. Waha prices in West Texas stayed negative for a record number of days this year.
Record output and ample storage weigh on Henry Hub prices, easing near-term energy and fertilizer input costs. Pipeline constraints in Texas have not transmitted into the national benchmark.
bairdmaritime.comReutersNov 17, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
