09:27 AM EDT, 10/31/2025 (MT Newswires) -- Natural gas rose to a seven-month high early on Friday, for a second day, as the cooling season comes to an end, even as long-term forecasts expect mild weather to continue into mid-November.
Gas for December delivery was last seen up US$0.16 to US$4.12 per million British thermal units, the highest since March 19.
The rise comes as export demand remains strong, with the Energy Information Administration (EIA) on Thursday reporting LNG shipments of 129-billion cubic feet in the week ended Oct.29.
Still, forecasts are offering little support, with long-term forecasts from the National Weather Service expecting nearly all states to see warmer than seasonal temperatures over its eight to 14 day outlook.
In its weekly inventory report released Thursday, the EIA said U.S. gas stocks rose by 74-billion cubic feet last week, matching expectations. leaving inventories at 3.88-trillion cubic feet, 4.6% above the five-year average.