News

Volatility Seen Resuming After ‘Break in Action’ as Natural Gas Futures Edge Higher

Natural Gas Intelligence · last updated

Traders pushed natural gas prices higher on Wednesday in anticipation of a substantial storage draw and stronger demand tightening near-term balances.

Chart showing NGI’s U.S. natural gas storage estimate for the week ending Dec. 5, 2025, indicating a projected 163 Bcf withdrawal. The graphic compares NGI estimates with EIA weekly storage volumes alongside 5-year maximum and minimum ranges. A table highlights the NGI-observed withdrawal range of 191–155 Bcf, last year’s 167 Bcf pull, and the 5-year average 89 Bcf draw, plus prior four weeks of storage levels and weekly changes.

At A Glance:

  • NGI sees 163 Bcf storage pull
  • Lower 48 demand surges
  • December production climbs