October 30, 2026
Weekly Energy News
Market Update: Natural gas prices remain under pressure heading into winter. NYMEX Henry Hub December futures, now the prompt month, settled at $2.952/MMBtu on October 29, down 8 cents on the day and 20 cents from a week earlier, after the EIA reported a larger-than-expected storage build. The November contract expired at $2.817/MMBtu on October 28, just days after posting its lowest prompt-month settlement in six months ($2.602/MMBtu on October 26). Still, the market is pricing in winter demand: January settled at $3.392/MMBtu, about 44 cents above December, while March settled at $2.446/MMBtu, reflecting expectations of ample supply once the heating season ends. Henry Hub cash fell 18 cents to $2.670/MMBtu for October 30–31 flows.
Ample supply remains the main headwind. The EIA expects U.S. production to reach a record 112.2 Bcf/d in 2026 and 116.1 Bcf/d in 2027, and some producers, including Antero Resources, are already curtailing output in response to low prices. Demand is growing as well, with record U.S. consumption of 120.0 Bcf/d expected in 2026 on rising LNG exports and data-center power needs, and Cheniere expects competition for LNG cargoes to intensify this winter.
Storage Report: The EIA reported an 80 Bcf injection for the week ended October 23, above the 68 Bcf analyst estimate and the five-year average of 77 Bcf, marking the first above-average build in 11 weeks. Total working gas stands at 3.724 Tcf, 38 Bcf (1.0%) above the five-year average and 147 Bcf (3.8%) below year-ago levels.
Weather: NOAA’s 6–10 day outlook (valid November 4–8) favors above-normal temperatures across nearly the entire Lower 48, with the highest odds over the Great Lakes, Ohio Valley and Northeast, while near-normal temperatures are favored in the Southwest. Mild early-November weather should keep heating demand light and allow injections to continue.
Market Data:
October 30, 2026
Weekly Energy News
October 30, 2026
Market Update: Natural gas prices remain under pressure heading into winter. NYMEX Henry Hub December futures, now the prompt month, settled at $2.952/MMBtu on October 29, down 8 cents on the day and 20 cents from a week earlier, after the EIA reported a larger-than-expected storage build. The November contract expired at $2.817/MMBtu on October 28, just days after posting its lowest prompt-month settlement in six months ($2.602/MMBtu on October 26). Still, the market is pricing in winter demand: January settled at $3.392/MMBtu, about 44 cents above December, while March settled at $2.446/MMBtu, reflecting expectations of ample supply once the heating season ends. Henry Hub cash fell 18 cents to $2.670/MMBtu for October 30–31 flows.
Ample supply remains the main headwind. The EIA expects U.S. production to reach a record 112.2 Bcf/d in 2026 and 116.1 Bcf/d in 2027, and some producers, including Antero Resources, are already curtailing output in response to low prices. Demand is growing as well, with record U.S. consumption of 120.0 Bcf/d expected in 2026 on rising LNG exports and data-center power needs, and Cheniere expects competition for LNG cargoes to intensify this winter.
Storage Report: The EIA reported an 80 Bcf injection for the week ended October 23, above the 68 Bcf analyst estimate and the five-year average of 77 Bcf, marking the first above-average build in 11 weeks. Total working gas stands at 3.724 Tcf, 38 Bcf (1.0%) above the five-year average and 147 Bcf (3.8%) below year-ago levels.
Weather: NOAA’s 6–10 day outlook (valid November 4–8) favors above-normal temperatures across nearly the entire Lower 48, with the highest odds over the Great Lakes, Ohio Valley and Northeast, while near-normal temperatures are favored in the Southwest. Mild early-November weather should keep heating demand light and allow injections to continue.
Market Data:
October 30, 2026
October 30, 2026
Weekly Energy News
Market Update: Natural gas prices remain under pressure heading into winter. NYMEX Henry Hub December futures, now the prompt month, settled at $2.952/MMBtu on October 29, down 8 cents on the day and 20 cents from a week earlier, after the EIA reported a larger-than-expected storage build. The November contract expired at $2.817/MMBtu on October 28, just days after posting its lowest prompt-month settlement in six months ($2.602/MMBtu on October 26). Still, the market is pricing in winter demand: January settled at $3.392/MMBtu, about 44 cents above December, while March settled at $2.446/MMBtu, reflecting expectations of ample supply once the heating season ends. Henry Hub cash fell 18 cents to $2.670/MMBtu for October 30–31 flows.
Ample supply remains the main headwind. The EIA expects U.S. production to reach a record 112.2 Bcf/d in 2026 and 116.1 Bcf/d in 2027, and some producers, including Antero Resources, are already curtailing output in response to low prices. Demand is growing as well, with record U.S. consumption of 120.0 Bcf/d expected in 2026 on rising LNG exports and data-center power needs, and Cheniere expects competition for LNG cargoes to intensify this winter.
Storage Report: The EIA reported an 80 Bcf injection for the week ended October 23, above the 68 Bcf analyst estimate and the five-year average of 77 Bcf, marking the first above-average build in 11 weeks. Total working gas stands at 3.724 Tcf, 38 Bcf (1.0%) above the five-year average and 147 Bcf (3.8%) below year-ago levels.
Weather: NOAA’s 6–10 day outlook (valid November 4–8) favors above-normal temperatures across nearly the entire Lower 48, with the highest odds over the Great Lakes, Ohio Valley and Northeast, while near-normal temperatures are favored in the Southwest. Mild early-November weather should keep heating demand light and allow injections to continue.
October 30, 2026
Weekly Energy News
Market Update: Natural gas prices remain under pressure heading into winter. NYMEX Henry Hub December futures, now the prompt month, settled at $2.952/MMBtu on October 29, down 8 cents on the day and 20 cents from a week earlier, after the EIA reported a larger-than-expected storage build. The November contract expired at $2.817/MMBtu on October 28, just days after posting its lowest prompt-month settlement in six months ($2.602/MMBtu on October 26). Still, the market is pricing in winter demand: January settled at $3.392/MMBtu, about 44 cents above December, while March settled at $2.446/MMBtu, reflecting expectations of ample supply once the heating season ends. Henry Hub cash fell 18 cents to $2.670/MMBtu for October 30–31 flows.
Ample supply remains the main headwind. The EIA expects U.S. production to reach a record 112.2 Bcf/d in 2026 and 116.1 Bcf/d in 2027, and some producers, including Antero Resources, are already curtailing output in response to low prices. Demand is growing as well, with record U.S. consumption of 120.0 Bcf/d expected in 2026 on rising LNG exports and data-center power needs, and Cheniere expects competition for LNG cargoes to intensify this winter.
Storage Report: The EIA reported an 80 Bcf injection for the week ended October 23, above the 68 Bcf analyst estimate and the five-year average of 77 Bcf, marking the first above-average build in 11 weeks. Total working gas stands at 3.724 Tcf, 38 Bcf (1.0%) above the five-year average and 147 Bcf (3.8%) below year-ago levels.
Weather: NOAA’s 6–10 day outlook (valid November 4–8) favors above-normal temperatures across nearly the entire Lower 48, with the highest odds over the Great Lakes, Ohio Valley and Northeast, while near-normal temperatures are favored in the Southwest. Mild early-November weather should keep heating demand light and allow injections to continue.
October 30, 2026
Weekly Energy News
Market Update: Natural gas prices remain under pressure heading into winter. NYMEX Henry Hub December futures, now the prompt month, settled at $2.952/MMBtu on October 29, down 8 cents on the day and 20 cents from a week earlier, after the EIA reported a larger-than-expected storage build. The November contract expired at $2.817/MMBtu on October 28, just days after posting its lowest prompt-month settlement in six months ($2.602/MMBtu on October 26). Still, the market is pricing in winter demand: January settled at $3.392/MMBtu, about 44 cents above December, while March settled at $2.446/MMBtu, reflecting expectations of ample supply once the heating season ends. Henry Hub cash fell 18 cents to $2.670/MMBtu for October 30–31 flows.
Ample supply remains the main headwind. The EIA expects U.S. production to reach a record 112.2 Bcf/d in 2026 and 116.1 Bcf/d in 2027, and some producers, including Antero Resources, are already curtailing output in response to low prices. Demand is growing as well, with record U.S. consumption of 120.0 Bcf/d expected in 2026 on rising LNG exports and data-center power needs, and Cheniere expects competition for LNG cargoes to intensify this winter.
Storage Report: The EIA reported an 80 Bcf injection for the week ended October 23, above the 68 Bcf analyst estimate and the five-year average of 77 Bcf, marking the first above-average build in 11 weeks. Total working gas stands at 3.724 Tcf, 38 Bcf (1.0%) above the five-year average and 147 Bcf (3.8%) below year-ago levels.
Weather: NOAA’s 6–10 day outlook (valid November 4–8) favors above-normal temperatures across nearly the entire Lower 48, with the highest odds over the Great Lakes, Ohio Valley and Northeast, while near-normal temperatures are favored in the Southwest. Mild early-November weather should keep heating demand light and allow injections to continue.
October 30, 2026
Market Update: Natural gas prices remain under pressure heading into winter. NYMEX Henry Hub December futures, now the prompt month, settled at $2.952/MMBtu on October 29, down 8 cents on the day and 20 cents from a week earlier, after the EIA reported a larger-than-expected storage build. The November contract expired at $2.817/MMBtu on October 28, just days after posting its lowest prompt-month settlement in six months ($2.602/MMBtu on October 26). Still, the market is pricing in winter demand: January settled at $3.392/MMBtu, about 44 cents above December, while March settled at $2.446/MMBtu, reflecting expectations of ample supply once the heating season ends. Henry Hub cash fell 18 cents to $2.670/MMBtu for October 30–31 flows.
Ample supply remains the main headwind. The EIA expects U.S. production to reach a record 112.2 Bcf/d in 2026 and 116.1 Bcf/d in 2027, and some producers, including Antero Resources, are already curtailing output in response to low prices. Demand is growing as well, with record U.S. consumption of 120.0 Bcf/d expected in 2026 on rising LNG exports and data-center power needs, and Cheniere expects competition for LNG cargoes to intensify this winter.
Storage Report: The EIA reported an 80 Bcf injection for the week ended October 23, above the 68 Bcf analyst estimate and the five-year average of 77 Bcf, marking the first above-average build in 11 weeks. Total working gas stands at 3.724 Tcf, 38 Bcf (1.0%) above the five-year average and 147 Bcf (3.8%) below year-ago levels.
Weather: NOAA’s 6–10 day outlook (valid November 4–8) favors above-normal temperatures across nearly the entire Lower 48, with the highest odds over the Great Lakes, Ohio Valley and Northeast, while near-normal temperatures are favored in the Southwest. Mild early-November weather should keep heating demand light and allow injections to continue.
October 30, 2026
Weekly Energy News
Market Update: Natural gas prices remain under pressure heading into winter. NYMEX Henry Hub December futures, now the prompt month, settled at $2.952/MMBtu on October 29, down 8 cents on the day and 20 cents from a week earlier, after the EIA reported a larger-than-expected storage build. The November contract expired at $2.817/MMBtu on October 28, just days after posting its lowest prompt-month settlement in six months ($2.602/MMBtu on October 26). Still, the market is pricing in winter demand: January settled at $3.392/MMBtu, about 44 cents above December, while March settled at $2.446/MMBtu, reflecting expectations of ample supply once the heating season ends. Henry Hub cash fell 18 cents to $2.670/MMBtu for October 30–31 flows.
Ample supply remains the main headwind. The EIA expects U.S. production to reach a record 112.2 Bcf/d in 2026 and 116.1 Bcf/d in 2027, and some producers, including Antero Resources, are already curtailing output in response to low prices. Demand is growing as well, with record U.S. consumption of 120.0 Bcf/d expected in 2026 on rising LNG exports and data-center power needs, and Cheniere expects competition for LNG cargoes to intensify this winter.
Storage Report: The EIA reported an 80 Bcf injection for the week ended October 23, above the 68 Bcf analyst estimate and the five-year average of 77 Bcf, marking the first above-average build in 11 weeks. Total working gas stands at 3.724 Tcf, 38 Bcf (1.0%) above the five-year average and 147 Bcf (3.8%) below year-ago levels.
Weather: NOAA’s 6–10 day outlook (valid November 4–8) favors above-normal temperatures across nearly the entire Lower 48, with the highest odds over the Great Lakes, Ohio Valley and Northeast, while near-normal temperatures are favored in the Southwest. Mild early-November weather should keep heating demand light and allow injections to continue.
October 30, 2026
Weekly Energy News
Market Update: Natural gas prices remain under pressure heading into winter. NYMEX Henry Hub December futures, now the prompt month, settled at $2.952/MMBtu on October 29, down 8 cents on the day and 20 cents from a week earlier, after the EIA reported a larger-than-expected storage build. The November contract expired at $2.817/MMBtu on October 28, just days after posting its lowest prompt-month settlement in six months ($2.602/MMBtu on October 26). Still, the market is pricing in winter demand: January settled at $3.392/MMBtu, about 44 cents above December, while March settled at $2.446/MMBtu, reflecting expectations of ample supply once the heating season ends. Henry Hub cash fell 18 cents to $2.670/MMBtu for October 30–31 flows.
Ample supply remains the main headwind. The EIA expects U.S. production to reach a record 112.2 Bcf/d in 2026 and 116.1 Bcf/d in 2027, and some producers, including Antero Resources, are already curtailing output in response to low prices. Demand is growing as well, with record U.S. consumption of 120.0 Bcf/d expected in 2026 on rising LNG exports and data-center power needs, and Cheniere expects competition for LNG cargoes to intensify this winter.
Storage Report: The EIA reported an 80 Bcf injection for the week ended October 23, above the 68 Bcf analyst estimate and the five-year average of 77 Bcf, marking the first above-average build in 11 weeks. Total working gas stands at 3.724 Tcf, 38 Bcf (1.0%) above the five-year average and 147 Bcf (3.8%) below year-ago levels.
Weather: NOAA’s 6–10 day outlook (valid November 4–8) favors above-normal temperatures across nearly the entire Lower 48, with the highest odds over the Great Lakes, Ohio Valley and Northeast, while near-normal temperatures are favored in the Southwest. Mild early-November weather should keep heating demand light and allow injections to continue.
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