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US natural gas futures fell about 4% to a six-week low on July 9, 2026, with the August contract at $3.073 per mmBtu. The drop followed Freeport LNG's planned maintenance from July 10 through late August and a storage build of 61 bcf, well above the 49 bcf analysts expected.
Lower 48 output was 109.7 bcfd so far in July.
Lower LNG feedgas during the Freeport outage and a larger storage build both signal weaker demand relative to supply. This points to lower natural gas prices through late summer.
worldenergynews.comJul 9, 2026After 29 past bearish logistics events, Natural Gas moved a median -9.8% over 5 sessions (21% higher; middle half -20.0% to -3.1%), and -16.6% over 20.
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.
