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US natural gas futures ended lower for a fifth consecutive session, erasing earlier gains as traders weighed plunging oil prices against mixed weather outlooks. Traders may also have more readily unwound long positions as forecasts later in April show weeks of mild weather despite a slight cold shift.
The Henry Hub, a natural gas pipeline distribution hub, in Erath, Louisiana, US, on Monday, April 13, 2026. US natural gas futures ended down for the fourth consecutive session, erasing earlier gains as traders weighed forecasts for mild weather and a growing surplus of domestic stockpiles. (Bloomberg)Analysts also expect a growing storage surplus relative to the five-year average in the coming weeks.