U.S. Natural Gas Futures Rise on Increased Cooling Demand Outlook

Key Facts

1U.S. natural gas futures rose as weather models added more heat to the near-term outlook, lifting expected cooling demand.

Amid a heat wave across the United States, U.S. natural gas futures rose as weather models added more heat to the near-term outlook. According to the Wall Street Journal, these changes lifted expected cooling demand, supporting prices ahead of weekly storage data.

Traders expect the weekly EIA storage report to show a below-average build due to high cooling demand. Continued hot weather forecasts for the coming days also bolstered positive sentiment for the commodity. According to market data, front-month futures rose 1.3% to trade at $2.84 per million British thermal units (close June 25, 2026).

All eyes are now on the weekly EIA storage report due later today; a reading below expectations could trigger further upside. Investors are also watching next week's weather model updates, which will shape near-term price direction. Focus remains on cooling demand data as heat waves persist.