NYMEX nat gas May futures settle at $2.8870/MMBTU

Natural Gas May 2026 futures settled at $2.8870 per million British thermal units (MMBTU) on March 30, 2026, reflecting recent market dynamics influenced by weather forecasts and global supply concerns. Cooler-than-expected U.S. weather forecasts in early March spurred increased demand for natural gas for heating, contributing to a 3.20% rise in prices for the April contract during that period. Additionally, geopolitical tensions and supply disruptions, such as the reported damage to Qatar’s Ras Laffan LNG export facility, have added upward pressure on natural gas prices by tightening global liquefied natural gas supplies.

Natural Gas futures are traded on the New York Mercantile Exchange (NYMEX) and are based on delivery at the Henry Hub in Louisiana, a key benchmark for U.S. natural gas prices. The May 2026 contract is one of many actively traded futures contracts, with the Henry Hub market characterized by high liquidity and open interest. Market participants continue to monitor weather patterns, inventory reports, and geopolitical developments for further directional cues in the coming weeks.