NYSE:LNG 1 October 2025 - 23 December 2025

U.S. LNG export demand hit record highs in late December, pushing natural gas prices up even as forecasts for mild weather and near-record Lower 48 production capped gains. Working gas in storage stood at 3,579 Bcf for the week ending Dec. 12, 0.9% above the five-year average. The next EIA storage report is delayed to Dec. 29 due to the holiday. Total U.S. gas demand is projected to ease if warm conditions persist.

U.S. natural gas futures hovered near $4.11 per MMBtu Monday as traders weighed record production against milder weather forecasts and steady LNG exports. European benchmark gas prices stayed in the high-€20s per megawatt-hour. Australia unveiled a plan requiring LNG exporters to reserve gas for domestic use. U.S. gas demand is projected to drop sharply in the next two weeks, according to LSEG data.

U.S. natural gas futures hovered near $3.97/MMBtu Wednesday after a recent selloff, pressured by mild weather and steady storage. In Europe, Dutch TTF benchmark prices climbed to around €27.50/MWh on colder forecasts and a U.S. LNG export outage. UK day-ahead gas also rose. Asia’s JKM benchmark stayed near $10/MMBtu amid weak winter demand.