NYMEX nat gas Oct. futures settle at $3.0640 /MMBtu

Wednesday, Sep 3, 2025 2:30 pm ET1min read

NYMEX nat gas Oct. futures settle at $3.0640 /MMBtu

The October 2025 NYMEX natural gas futures contract settled at $3.0640 per million British thermal units (MMBtu) on September 2, 2025, marking a slight increase from the previous week's close [2]. This price movement reflects the ongoing dynamics in the natural gas market, influenced by supply and demand factors, as well as geopolitical considerations.

In Colombia, the Naturgas Association has projected a significant increase in investment in the natural gas industry, reaching $1.1 billion by 2025. This represents a 34.6% increase from the $817 million invested in 2024 [1]. The association's president, Luz Stella Murgas, highlighted that exploration and production efforts are expected to receive a substantial portion of the investment, with $1.007 billion allocated to these activities, a 37% year-on-year increase. This investment is aimed at addressing the country's gas supply deficit, which is forecast to rise from 5% this year to 20% by 2026, driven by reduced exploration due to President Gustavo Petro's energy transition policies [1].

Meanwhile, the U.S. natural gas market experienced a slight decrease in consumption this week, primarily due to cooler temperatures in the Northeast. Total U.S. natural gas consumption fell by 5.8% compared to the previous week, with the electric power sector seeing a 10.4% decrease in consumption. Despite this, the Henry Hub spot price rose 7 cents to $2.88/MMBtu, and the October 2025 NYMEX futures contract increased to $2.886/MMBtu [2].

The market's response to these developments underscores the complex interplay between supply, demand, and policy changes. As Colombia and other countries continue to invest in their natural gas industries, the global market will likely see further shifts in supply and pricing dynamics. Investors should closely monitor these trends to make informed decisions.

References:
[1] https://www.reuters.com/business/energy/colombias-2025-natural-gas-investment-seen-up-35-11-bln-naturgas-association-2025-09-02/
[2] https://www.eia.gov/naturalgas/weekly/

NYMEX nat gas Oct. futures settle at $3.0640 /MMBtu

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