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Question

Natural gas price outlook: what does history say?

Short answer

We do not forecast prices. Here is what history says for the coming months. October has averaged +4.24% for Natural gas (Henry Hub), higher in 58% of 26 years (no clear pattern); November has averaged +1.84% for Natural gas (Henry Hub), higher in 54% of 26 years (no clear pattern); December has averaged -3.54% for Natural gas (Henry Hub), higher in 42% of 26 years (no clear pattern).

Natural gas (Henry Hub) is +67.95% this year and +8.27% against its 200-day average. History describes tendencies; it does not predict a given year.

This year against a typical year

0%+50%JanFebMarAprMayJunJulAugSepOctNovDec
2026 so far (+72.37%)Average year (25 years, 2001 to 2025)Middle half of years

The next three months in history

MonthAverageMedianUp yearsWorst yearPattern
October+4.24%+0.95%58%-23.63% 2024no clear pattern
November+1.84%+0.86%54%-25.62% 2004no clear pattern
December-3.54%-4.97%42%-36.25% 2018no clear pattern

What to watch

More questions

Is Natural gas (Henry Hub) expected to go up?

We do not make forecasts. In the past, October has averaged +4.24% for Natural gas (Henry Hub), higher in 58% of 26 years.

What is the best month for Natural gas (Henry Hub)?

See the full ranking on our best-month page for Natural gas (Henry Hub), with every month's average, median and share of up years.

Where do these numbers come from?

Daily closes from public price data, computed by our code and updated every weekday. History is not a forecast.

Where the data comes from

Daily closes from Yahoo Finance and FRED, computed by our code, as of October 16, 2026. More on Natural gas (Henry Hub). How to read these numbers: guide. Not investment advice.

Questions, ideas or corrections?

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hello@marketseasonality.com

Not investment advice. Market Seasonality publishes historical statistics, news summaries and scenario analysis for information and education. Past patterns do not guarantee future results. Nothing here is a recommendation to buy, sell or hold any asset, and scenarios describe possible paths without predicting them. See the disclaimer and methodology.