Story perspectives

Natural Gas Futures Plunge 8.3% Amid Warmer Forecasts

2/10/2026

Summary

Story summary

On February 9, 2026, U.S. natural gas futures fell as forecasts called for warmer temperatures.
Gelber & Associates noted that early-week cold on the East Coast supports demand, while milder weather later challenges price gains.
Nymex natural gas settled 8.3% lower at $3.138 per mmBtu.
Ritterbusch and Associates said the market remains sensitive to late-winter cold spells, but cold-weather effects fade by March as traders shift to the April contract.

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Story summary

On February 9, 2026, U.S. natural gas futures fell as forecasts called for warmer temperatures.
Gelber & Associates noted that early-week cold on the East Coast supports demand, while milder weather later challenges price gains.
Nymex natural gas settled 8.3% lower at $3.138 per mmBtu.
Ritterbusch and Associates said the market remains sensitive to late-winter cold spells, but cold-weather effects fade by March as traders shift to the April contract.