NATGAS drops by nearly 2.5% 📉

U.S. Henry Hub natural gas futures (NATGAS) are losing more than 2% today and slipping below $2.5 per MMBtu.

Weather forecasts suggest a movement of a wave of cooler temperatures toward the central US states and a gentle drop in temperatures on the East Coast.

Not only lower air conditioning demand in many regions of the US, but also historically high inventories above the 5-year average are causing oversupply concerns. The five-year average change in gas inventories for the week ended June 28 was +69 billion cubic feet; more than 20% above the five-year average.
Recent heat waves have failed to lift gas prices permanently above $3 per MMBtu. Projected lower demand, full storage facilities and higher production are weighing on sentiment. In Texas, where high temperatures persist, power grid operator ERCOT conveyed that peak demand this week will approach but not break this year's records.

NATGAS is losing 2.5% today and testing a key support zone set by the 100-day exponential moving average (purple curve on the chart). Source: xStation

Forecasts show a drop in temperatures in parts of the central and eastern US coast. Source: NOAA

The market side is concerned that lower forecasts will accentuate the negative price-forming impact caused by high inventories against the historical 5-year average. Source: Bloomberg Financial LP

16 January 2026, 7:14 PM

Daily summary: Banks and tech drag indices up 🏭US industry stays strong

16 January 2026, 5:13 PM

Three Markets to Watch Next Week (16.01.2026)

16 January 2026, 11:09 AM

Cocoa bear market? 📉 Weak European grindings and solid African harvests drive prices

16 January 2026, 8:26 AM

🚨Silver slides 1.5% - is the uptrend at risk?

Commodities

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days

NATGAS drops by nearly 2.5% 📉

Join over 2 000 000 XTB Group Clients from around the world