Natural gas prices dropped by -0.47% to 272.6 on MCX due to abundant supply, near-record production levels, and forecasts of milder weather. Output in the Lower 48 states averaged 107.5 billion cubic feet per day in September, down from the August record of 108.3 billion cubic feet per day.
Production dropped to a preliminary eight-week low of 106.3 bcfd, compared to the daily record high of 109.6 bcfd in late July. US energy companies added 55 billion cubic feet of gas into storage during the week ending August 29, 2025.
