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U.S. Natural Gas Prices Drop Amid Weather Concerns

3/30/2026

Summary

Story summary

U.S. natural gas futures fell 5.5% to $2.859/mmBtu as the May contract moved front.
Bearish weather forecasts over the next 15 days could reduce demand, offsetting price support from LNG exports.
In Europe, gas prices rose on LNG availability concerns amid escalating Middle East conflicts.
Analysts at ING warn that prolonged disruptions could hinder summer storage refills and raise competition for spot LNG.
An outage at Chevron's Wheatstone LNG facility tightened supply.

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Story summary

U.S. natural gas futures fell 5.5% to $2.859/mmBtu as the May contract moved front.
Bearish weather forecasts over the next 15 days could reduce demand, offsetting price support from LNG exports.
In Europe, gas prices rose on LNG availability concerns amid escalating Middle East conflicts.
Analysts at ING warn that prolonged disruptions could hinder summer storage refills and raise competition for spot LNG.
An outage at Chevron's Wheatstone LNG facility tightened supply.