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Barchart

Andrew Hecht

Will Natural Gas Rally During the 2025/2026 Withdrawal Season?

Natural Gas United States BOIL KOLD Nymex ETF Barchart Gas Prices UNG

I concluded my late October Q3 Barchart article on the energy sector with the following:

Natural gas is heading into the peak demand season, when uncertainty about the weather will peak as inventories begin to decline in late November. Therefore, nearly U.S. natural gas prices could recover to the $4 per MMBtu level, or higher, over the coming weeks and months. U.S. natural gas prices for January 2026 delivery were already trading near $4.30 per MMBtu on October 20.

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