The Energy Buyer's Guide | 04.28.2025

Natural gas futures post the fourth straight weekly loss as production ticks higher.

- Natural gas futures fell for a fourth straight week, with the front-month contract finishing the week below $3.00 per MMBtu for the first time since November

- Natural gas production climbed to its highest weekly average since February 2024, offering the most tangible signs of potential supply-side growth this year

- Natural gas storage inventories posted a larger-than-expected 88-Bcf build, narrowing the deficit to the five-year average but leaving stocks well below year-ago levels

- Spot natural gas prices collapsed across all regions last week, with the South leading declines; real-time power markets were mixed as strong solar output and mild weather continued to suppress midday pricing