Natural Gas (NG) Up or Down on July 20?
$25 Vol.Closes Jul 20, 2026
Natural Gas (NG) Up or Down on July 20?$25 Vol.33%
Natural gas futures prices are currently trading lower, having fallen to a two-month low below $2.87/MMBtu amid ample domestic supply.
Traders in the NYMEX natural gas futures market are reacting to updated weather forecasts and global supply dynamics.
The July 2026 contract has expired, and the market is now focused on the August 2026 contract, which closed at $2.603 on July 19.
A continued price decline would signal weak demand or strong supply, while a rebound could indicate tightening conditions or increased export demand.
Note: The market resolves based on the Active Month futures close price on July 20 compared to the prior trading day's close; since the July contract expired, the Active Month is now August, which closed lower on July 19.
August NYMEX Natural Gas futures closed at $2.603, down from Tuesday's $2.629, marking a lower close on Wednesday amid traders digesting updated weather forecasts.
spragueenergy.comNatural gas futures settled sharply lower on Friday, retreating from a 3-month high due to long liquidation on the last trading day of the expiring July contract.
barchart.comUS natural gas futures fell to below $2.87 per MMBtu, hitting a two-month low as ample domestic supply shielded the US from Middle East export pressures.
tradingeconomics.comAI-generated briefing. AI can make mistakes. This is not financial advice.
European natural gas prices rallied to a 3.75-month high, providing carry-over support that helped US futures settle higher on Friday before the July contract expiration.
barchart.comNatural gas is projected to trade at $3.07 USD/MMBtu by the end of the quarter according to Trading Economics global macro models and analyst expectations.
tradingeconomics.comEarly morning Globex trading on July 20 showed natural gas up eight cents, indicating initial upward momentum before the main trading session.
spragueenergy.comAI-generated briefing. AI can make mistakes. This is not financial advice.
Ample domestic US supply has shielded the market from Middle East export pressures, driving futures down to a two-month low below $2.87/MMBtu.
tradingeconomics.comLong liquidation on the expiring July contract pressured prices sharply lower on Friday, with the July contract closing down 3.35%.
barchart.comTechnical indicators and moving averages currently generate a "Strong Sell" signal for natural gas futures, suggesting continued downward momentum.
ca.investing.comAI-generated briefing. AI can make mistakes. This is not financial advice.