Natural gas tops $4 again: UNG jumps, U.S. gas stocks rise on cold forecasts and storage drawNEW YORK, December 30, 2025, 10:00 ET — Regular session

Natural gas is heading into the final trading days of 2025 with a familiar winter driver back in control: weather. After sliding for two straight weeks, U.S. natural gas futures steadied and turned higher on Friday as forecasters dialed up colder risks into early January—an outlook that could tighten near-term balances even as Lower 48 production remains at record territory and LNG export demand stays historically strong. World Energy News

U.S. natural gas is ending the week with a familiar winter push-and-pull: colder early‑January forecasts and strong LNG demand on one side, near‑record production and still‑healthy storage on the other.

Natural gas “today” is a classic holiday-market paradox: not many people are trading, but the people who are trading can move prices. Across the major benchmarks, the story is broadly consistent—winter weather risk is back in focus, LNG demand remains a powerful support in the U.S., and Europe is watching both temperature swings and storage levels as it heads deeper into the heating season. Baird Maritime / Work Boat World

Natural gas markets are ending Christmas Eve with a familiar mix of volatility and contradiction: U.S. Henry Hub-linked futures are retreating after a sharp rally, while Europe’s benchmark prices are firming modestly—all as traders juggle shifting temperature models, LNG headlines, and a holiday-altered flow of “must-watch” data releases.

Natural gas markets are ending the Christmas Eve session with a familiar late-December personality: thin holiday liquidity on the surface, but big structural forces underneath. On the U.S. side, Henry Hub futures have been whipsawing—first pressured by warmer forecasts, then pulled higher by near-record LNG export demand and a wave of short-covering. In Europe, benchmark gas prices eased as traders weighed a potentially less-severe cold spell against stable Norwegian supply and an LNG system that still looks well-stocked heading into January. Meanwhile, geopolitical and infrastructure headlines—from a halt in Iranian gas flows to Iraq to fresh LNG dealmaking and Russia’s push to field ice-class LNG tankers—are keeping the global gas chessboard busy even as much of the world clocks out for the holidays. Reuters+4Hellenic Shipping News+4Hellenic Shipping News+4

Natural gas markets are closing in on year-end with a familiar mix of winter weather risk, record LNG pull, and stubbornly strong production—but on Tuesday, December 23, 2025, the bullish forces briefly overwhelmed the bears.

December 22, 2025 — Natural gas markets are starting the holiday-shortened week with a familiar winter tug-of-war: early-season cold boosted prices and withdrawals, but a shift toward milder forecasts is now cooling bullish momentum even as LNG export demand remains elevated.

Natural gas is heading into the Christmas week with a familiar winter tug-of-war: weather risk vs. supply reality. In U.S. trading on Monday, front-month NYMEX natural gas futures weakened as record production and a warmer-than-normal forecast into early January pressured the market—even as LNG export demand remains near record levels.

Natural gas markets are starting the holiday-shortened week with a familiar tug-of-war: weather forecasts that lean warmer and sturdy supply are keeping prices contained, while LNG logistics, storage trends, and geopolitics continue to inject volatility into regional benchmarks.