Natural Gas Futures Near Exchange Limit Threshold—Volatility Mechanics Next

Henry Hub futures closed July 7, 2026 at $3.20/MMBtu, down 1.43%, just $0.004 above the CME's daily price-limit reference level. While the one-day move is modest, breaching that threshold triggers wider fluctuation limits for the next session. Traders running risk models need to watch whether Wednesday's expanded limits reset margin requirements and volatility budgets on the front contract.