# Natural Gas Futures Price Forecast — NG ($3.306) $3.50 Upside Target on Eastern Cold Shot & Record LNG Feedgas

> 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.

- Date: 2026-11-12 · published 2026-11-13T09:10:29.357Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/97515-natural-gas-futures-price-forecast-ng-3-306-3-50-upside-target-on-eastern-cold
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

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.

## Read by commodity

- NATGAS: bullish ▲

## Sources

- tradingnews.com: https://www.tradingnews.com/news/ng-rebounds-to-3-306-usd-eyes-3-50-usd-upside-target-as-cold-weather-tests-3801

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.