Natural gas price outlook: Henry Hub futures brace for MLK holiday as U.S. cold snap hits
New York, Jan 18, 2026, 12:27 EST — The market has closed. U.S. natural gas futures slipped Friday as traders turned their focus back to weather risks ahead of the long weekend. The front-month Henry Hub contract closed at $3.103 per million British thermal units (mmBtu), slipping 2.5 cents. According to CME’s daily bulletin, it swung between $3.020 and $3.230 during the session. Monday’s U.S. holiday will thin liquidity, which matters since gas prices often shift sharply on forecast updates when heating demand is the key factor. The upcoming session falls amid a biting cold snap hitting sections of the