Renewed Output Pushes Natural Gas Futures Down Monday

Natural gas futures dipped Monday as production moved back up toward normal levels after maintenance finished for many facilities.

Written by: Timothy St. John • Monday, June 15, 2026 • 2 min read

• Last updated: Monday, June 15, 2026

Natural gas futures dipped on Monday due to rising production.

Quick overview

Natural gas prices in the U.S. fell to nearly $3.0 per MMBtu as production resumed at maintenance-closed facilities.
Gas futures for the domestic LNG market dropped by 2% due to increased production and warmer weather forecasts.
The price of LNG decreased alongside global oil rates following a peace deal between Iran and the U.S. that reopened the Strait of Hormuz.
U.S. natural gas supply remains 6% above the five-year average, keeping prices subdued despite rising export demand.

Natural gas prices in the United States fell Monday as production resumed at many gas facilities that had been closed for maintenance, and rates dropped close to $3.0 per MMBtu.

Export numbers for LNG in the United States are expected to move higher.

Gas futures for the domestic LNG market slipped by 2% on Monday due to increased production. Warmer weather forecasts helped boost demand slightly and the latest EIA report showed a lower than expected storage build, but rising production quickly became the prevailing factor.

The price of LNG moved lower alongside global oil rates as a result of the Iran-U.S. peace deal that reopened the Strait of Hormuz. After months of conflict, the two countries reached an agreement on Sunday, although relations are still strained between them. The global oil market is expected to settle as the ceasefire goes into effect.

Domestic Supplies Remain Elevated

The price of gas and oil rose around the world over the past few months, although it fluctuated frequently as the situation in the Middle East changed. However, in the domestic LNG market, the prices were not as bullish. The supply of natural gas for the United States market has remained high throughout the Iran conflict, and local markets have been mostly unbothered by global shortages.

The supply of natural gas in the United States is currently about 6% above the five-year average, and that fact keeps prices subdued despite the strong upward influence of rising heat and flourishing exports. The LNG inventory for the U.S. is now at 2.686 trillion cubic feet and is likely to rise over the summer months while demand slips and warm weather prevails.

The export market is where investors should be paying attention, and exports have climbed higher in recent weeks as export facilities resume production. Many of those facilities closed during the spring for scheduled maintenance, but export demand has heightened due to the global oil and gas crisis, and the elevated U.S. inventory levels make it easy for local providers to ship their natural gas to foreign markets and still have enough for domestic customers.

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ABOUT THE AUTHOR See More

Timothy St. John

Financial Writer - European & US Desks

Timothy St John is a seasoned financial analyst and writer, catering to the dynamic landscapes of the US and European markets. Boasting over a decade of extensive freelance writing experience, he has made significant contributions to reputable platforms such as Yahoo!Finance, business.com: Expert Business Advice, Tips, and Resources - Business.com, and numerous others. Timothy's expertise lies in in-depth research and comprehensive coverage of stock and cryptocurrency movements, coupled with a keen understanding of the economic factors influencing currency dynamics. Timothy majored in English at East Tennessee State University, and you can find him on LinkedIn.