Natural Gas Today (5:02 Edition), Dec. 22, 2025: Henry Hub Slides Toward $4 as Warm Forecasts Cap Rally; Europe Tracks Storage; Australia Tightens Domestic Supply Rules
U.S. natural gas futures dropped nearly 2% Monday morning, with the January contract trading around $3.90 per MMBtu as forecasts turned warmer and production stayed strong. European prices also slipped in thin pre-holiday trading, supported by steady Norwegian supply and LNG flows. Early December’s cold-driven price surge has faded, with traders now focused on shifting weather models and 2026–2027 contract risks.