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Natural Gas Futures Plunge Amid Milder Weather and Storage

12/13/2025

50 7 Full Breakdown

Summary

Story summary

U.S. natural gas futures fell to a one-month low, down 22% this week as milder forecasts and storage weighed.
The January contract settled at $4.113 per million British thermal units (MMBtu).
A 177 billion cubic feet (Bcf) withdrawal from storage occurred as warmer temperatures kept price gains in check.
Malaysian palm oil futures fell 0.37% as a stronger ringgit and declining rival oil prices pressured prices, while exports declined.

History

Historical Context

In 2016, U.S. natural gas prices fell to $2.50 per million British thermal units (MMBtu) due to oversupply, with storage levels reaching a record 4,000 billion cubic feet. This decline reflects historical volatility influenced by weather patterns and storage dynamics, highlighting ongoing challenges in balancing supply and demand that continue to affect energy markets and consumer prices today.

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Story summary

U.S. natural gas futures fell to a one-month low, down 22% this week as milder forecasts and storage weighed.
The January contract settled at $4.113 per million British thermal units (MMBtu).
A 177 billion cubic feet (Bcf) withdrawal from storage occurred as warmer temperatures kept price gains in check.
Malaysian palm oil futures fell 0.37% as a stronger ringgit and declining rival oil prices pressured prices, while exports declined.

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