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December NYMEX natural gas rose 2.83% to $3.306 per MMBtu on November 12 after a sharp reversal from a $3.397 intraday high. U.S. storage reached 3,801 Bcf, 54 Bcf above the five-year average, and production fell to 110.9 Bcf/d, a nine-month low.
Colder eastern forecasts and falling output support gas prices, which feed into ethanol, DDGS and fertilizer costs for feed buyers. Storage above average limits how far prices can rise.
tradingnews.comItai SmidtNov 12, 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.
