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Speculative Buying, Technicals Support December Natural Gas Futures Rally — MidDay Market Snapshot

Natural Gas Intelligence · last updated

Early weakness faded in afternoon trade as December natural gas futures reversed course despite only hints of fundamental support.

Line chart showing NGI’s Transco Zone 4 MidDay Alert natural gas price trending from mid-November 2024 to mid-November 2025, with sharp winter price spikes near $10/MMBtu in January–February 2025 before easing into a steadier $3–$4/MMBtu range through the remainder of the year.

Here’s the latest:

  • December futures up 10.6 cents to $4.639/MMBtu as of 2:44 p.m. ET