December Natural Gas Futures Priced 37 to 42 Cents Above November on CME Data

Latest CME settlement figures show Henry Hub December 2026 natural gas futures priced about 37 to 42 cents per million British thermal units (mmBtu) above November 2026 contracts. This pattern, called contango, means the market prices winter delivery at a premium to the shoulder-season contract. It reflects current pricing, not a forecast. Whether it holds depends on winter temperatures.