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US natural gas prices slipped to around $2.94 per MMBtu on Thursday after two sessions of gains, as traders awaited the weekly storage report. Milder weather and subdued demand let companies inject more gas into storage, with inventories expected 1.4% above normal.
LNG feedgas flows to the nine major US export terminals fell to 18.1 bcfd so far in November from 18.4 bcfd in October.
Ample storage and weak heating demand point to continued pressure on US gas prices, which feed into fertilizer (nitrogen) costs and ethanol and DDGS economics. Lower domestic output limited the losses.
tradingview.comNov 5, 2026Not 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.
