U.S. Natural Gas Futures Gain on Storage Views
A facts-only brief, written by a local AI model from this article in The Wall Street Journal, October 13, 2026. It may contain mistakes, and it is not the article: the full story is at wsj.com.
U.S. natural gas futures settled 3.7% higher at $3.2830 per million British thermal units, driven by solid liquefied natural gas feedgas flows and limited end-of-season storage estimates. NatGasWeather.com noted that a chilly system affecting the Great Lakes and Northeast over the next four to seven days supports heating demand, although broader weather patterns remain bearish for most of the following two weeks. The forecaster attributed the price gains primarily to shrinking surpluses and decreasing end-of-injection-season estimates, with this week’s storage report likely indicating a ninth consecutive below-average build.
Background
- European natural-gas prices reached their highest level since December 2022, with the Dutch TTF benchmark contract rising 1.7% to 85.82 euros per megawatt-hour.
- ING analysts stated that the market is concerned about entering the Northern hemisphere winter with limited Persian Gulf LNG supply.
- Gas Infrastructure Europe reported that EU storage levels are at 73%, which is below the five-year average of 89%.
- Low storage levels and mandated restocking are increasing the risk of stronger competition with Asian buyers and potential price spikes during the winter.
Read the full article at wsj.com
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Briefs for Wednesday, October 14, 2026
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