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Natural Gas Prices Surge Amid Weather Changes and Production Boom

8/16/2025

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Summary

Story summary

September Nymex natural gas prices increased by 2.64% on Friday, rebounding from recent lows.
Weather forecasts indicate warmer temperatures in the West and cooler conditions in the East.
US natural gas production approaches record highs, with active rigs at a two-year peak.
As of August 9, European gas storage reached 72%, below the five-year average of 79%.

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Story summary

September Nymex natural gas prices increased by 2.64% on Friday, rebounding from recent lows.
Weather forecasts indicate warmer temperatures in the West and cooler conditions in the East.
US natural gas production approaches record highs, with active rigs at a two-year peak.
As of August 9, European gas storage reached 72%, below the five-year average of 79%.