The Energy Buyer's Guide | 08.25.2025
Bearish forecasts weigh on near-term natural gas futures.
- Natural gas futures tumbled, with September settling at $2.70, down $0.22 on the week. Winter 2025-26 is now retesting multi-year lows near $3.65.
- Storage inventories climbed 13 Bcf to 3,199 Bcf, a tight build for late August, though traders are discounting the result given muted demand expectations.
- LNG exports slipped to 16.0 Bcf per day on temporary reductions at Freeport and Cameron, both of which were resolved by week’s end.
- Weather forecasts softened heading into September, with cooler-than-normal outlooks across key regions weighing on forward pricing.
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