The recent price volatility follows a more than 5% drop on Sept 28, when October futures settled at $3.0000 per MMBtu. Downward pressure on the market was driven by restored Appalachian pipeline takeaway capacity and fading shoulder-season demand, while the approach of the prompt contract's expiry further impacted pricing.
Tuesday, October 20, 2026
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NYMEX November Gas Settles at $3.0350 to Reclaim $3 Level
Commodities18 days ago
US natural gas futures reversed a downward trend on Oct 2 to finish the session higher. The November NYMEX benchmark contract settled at $3.0350 per MMBtu, climbing back above a psychological price floor after it dipped to close at $2.9670 per MMBtu on Oct 1.
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