Skip to content
Back to Guavy Wire
Commodities

Natural Gas Prices Surge as Record Production Fails to Crush Demand

Instruments
Natural Gas
Share

Natural gas prices have been rising in recent days, with October futures settling at $2.935/MMBtu on Monday, up 1.6% from the previous day.

This puts the price of natural gas within reach of the crucial $3 level, despite record levels of U.S. production.

The main driver behind this increase is stronger demand for natural gas, which has been boosted by hotter-than-expected temperatures and increased LNG exports.

According to EIA data, dry gas production reached a record 112.33 Bcf/d in June, but the latest storage build of just 15 Bcf was below both market consensus and the five-year average.

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc