With winter approaching, the odds of natural gas futures holding below the key $3/MMBtu support level were fading as traders focused on colder weather and tightening inventories.

Line chart showing NGI’s Henry Hub daily natural gas prices from November 2024 through October 2025. Prices start near $2.00/MMBtu in late 2024, spike above $10.00/MMBtu in early 2025, then decline and stabilize around $2.50–$3.00/MMBtu by fall 2025. The chart highlights significant winter volatility followed by steady summer and autumn pricing.

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At A Glance:

Struggle to hold $3 support as traders eye winterTechnical signals show short-term price supportStorage builds slow, market tightens modestly