U.S. Natural Gas Rises to Highest Level in 7 Weeks

SEATTLE (Oil Monster): US natural gas futures rose slightly to their highest level in seven weeks, supported by forecasts of warmer-than-usual weather over the next two weeks and a recent decline in production, according to CNBC.

The June natural gas contract on the New York Mercantile Exchange rose 3.9 cents, or 1.3%, to $2.999 per million British thermal units (MMBtu), heading for its highest closing level since March 27 for the second consecutive day.

The London Stock Exchange Group reported that average gas production in the US mainland, which comprises 48 states, has fallen to 109.5 billion cubic feet per day (Bcf/d) since the beginning of May, compared to 109.8 Bcf/d in April and a record high of 110.6 Bcf/d in December 2025.

Courtesy: www.maaal.com