CommoditiesMediumUpdated•Originally published 4 November 2026•Updated 4 November 2026•
1 min read
Natural Gas Prices Extend Gains for Second Session as Output Drops and Export Demand Climbs
Key Facts
1December natural gas futures rose 2% to settle at $2.921 per million British thermal units.
2U.S. natural gas output declined to 110.0 Bcf/d in November.
3U.S. LNG feedgas reached a record high of 20.8 Bcf/d in October.
U.S. natural gas futures rose 2.2% to settle at $2.959 per million British thermal units. This advance marks the second consecutive session of gains for the instrument, supported by a combination of declining domestic production and robust export demand.
TradingNEWS reported that U.S. natural gas output fell to 110.0 Bcf/d in November, down from the 113.4 Bcf/d recorded in October. This supply contraction coincided with U.S. LNG feedgas flows reaching a record 20.8 Bcf/d in October, though prices currently remain below the $3.305 level.