COT Reports / Energy / NG

Natural Gas (NG): COT Report, Price & Analysis NG

Track how "Smart Money" institutions are positioning themselves in Natural Gas (NG). By analyzing the latest Commitments of Traders (COT) data from the NAT GAS ICE LD1 - ICE FUTURES ENERGY DIV, with real-time price charts and sector comparisons, we provide a deep dive into the current market dynamics. Understanding these underlying shifts allows you to better anticipate where the market might be heading next.

About Natural Gas (NG)

About Natural Gas

Natural Gas is an essential fossil fuel that burns significantly cleaner than coal or oil. The US futures contract is closely tied to domestic supply and demand dynamics.

Primary Usage

It is the dominant fuel used for electricity generation and industrial heating in the US. It is also used directly for residential cooking and winter heating. Furthermore, it is a vital raw material for the production of nitrogen fertilizers (ammonia).

Market Dynamics & Key Drivers

  • Weather Extremes: Demand is highly seasonal. Severe winter cold (driving heating demand) or extreme summer heat (driving air conditioning/electricity demand) causes massive price volatility.
  • Storage Levels: Traders closely monitor weekly inventory reports; lower-than-expected storage levels heading into winter can trigger aggressive buying.
  • LNG Exports: The growing capacity of the US to export Liquefied Natural Gas (LNG) increasingly ties domestic US prices to global events and European/Asian demand.
Price
$2.72 / MMBtu Million British Thermal Units (MMBtu) is a measure of the energy content in fuel, standard for natural gas pricing.
Apr 08, 2026
Market Sentiment
Increasing Bearish
Outlook
Net Position
Net Position: Difference between long and short contracts of Non-Commercials (large speculators/funds). A positive value means they are predominantly net-long (expecting rising prices).
-221,587
▼ 0.8%
Market Situation
The market situation analyzes the current net positioning compared to the historical average of recent years (Z-Score). This helps to identify extreme market conditions.
Bearish

Natural Gas (NG) Price Chart

COT Charts

Latest News for Natural Gas

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats As Macron Calls For G7 Meeting To Release Reserves
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats As Macron Calls For G7 Meeting To Release Reserves

Oil markets moved lower as traders took some profits off the table after Macron's announcement.

FXEmpire FXEmpire, 6 days ago

Energy Transfer vs. Williams Companies: Which Natural Gas Giant Wins the AI Power Buildout?
Energy Transfer vs. Williams Companies: Which Natural Gas Giant Wins the AI Power Buildout?

Energy Transfer and Williams both transport massive amounts of natural gas for powering data centers. But Williams is more of a “pure play” on natural gas than Energy Transfer.

The Motley Fool The Motley Fool, 6 days ago

Natural Gas Dominates U.S. Power Generation: 2 Midstream Stocks to Watch
Natural Gas Dominates U.S. Power Generation: 2 Midstream Stocks to Watch

Natural gas is set to supply 40% of U.S. electricity through 2027, positioning Kinder Morgan and Williams to benefit from rising power and LNG demand.

Zacks Investment Research Zacks Investment Research, 6 days ago

Positioning History

commercial and non-commercial positions
Date Position Net Position
Difference between Non-Commercial Long and Short
Non-Comm. Long
Speculators & funds betting on rising prices
Non-Comm. Short
Speculators & funds betting on falling prices
Comm. Long
Hedgers/producers hedging against rising prices
Comm. Short
Hedgers/producers hedging against falling prices
Sep 15, 2026 Bearish -221,587 307,535 529,122 595,192 388,440
Sep 08, 2026 Bearish -219,767 304,203 523,970 590,217 389,091
Sep 01, 2026 Bearish -208,911 301,642 510,553 576,496 383,064
Aug 25, 2026 Bearish -197,932 313,777 511,709 572,041 384,304
Aug 18, 2026 Bearish -203,503 310,806 514,309 564,584 376,258
Aug 11, 2026 Bearish -197,135
Aug 04, 2026 Bearish -197,546 287,918 485,464 560,488 373,274
Jul 28, 2026 Bearish -190,799 291,343 482,142 550,424 370,760
Jul 21, 2026 Bearish -171,138 295,206 466,344 545,825 386,723
Jul 14, 2026 Bearish -178,612 287,255 465,867 536,312 370,784
Jul 07, 2026 Bearish -165,307 273,556 438,863 541,591 392,087
Jun 30, 2026 Bearish -170,803 258,667 429,470 572,881 418,941
Jun 23, 2026 Bearish -176,689 247,406 424,095 569,783 408,016
Jun 16, 2026 Bearish -173,476 242,337 415,813 584,849 422,095
Jun 09, 2026 Bullish 253,395 739,894 486,499 5,575,377 5,855,190
Jun 02, 2026 Bullish 287,702 727,721 440,019 5,486,483 5,826,107
May 26, 2026 Bullish 198,040 715,150 517,110 5,784,621 6,014,431
May 19, 2026 Bullish 332,060 721,422 389,362 5,697,280 6,057,665
May 12, 2026 Bullish 261,873 720,629 458,756 5,682,801 5,975,150
May 05, 2026 Bullish 280,702 716,673 435,971 5,624,985 5,936,665
Apr 28, 2026 Bullish 182,835 701,036 518,201 5,826,673 6,062,812
Apr 21, 2026 Bullish 178,343 702,495 524,152 5,817,314 6,023,582
Apr 14, 2026 Bullish 295,135 753,889 458,754 5,696,036 6,020,296
Apr 07, 2026 Bullish 454,127 802,054 347,927 5,555,336 6,036,053
Mar 31, 2026 Bullish 489,339 827,395 338,056 5,495,132 6,007,386
Mar 24, 2026 Bullish 471,432 801,145 329,713 5,690,702 6,182,446
Mar 17, 2026 Bullish 580,881 871,187 290,306 5,487,189 6,085,517
Mar 10, 2026 Bullish 592,855 888,328 295,473 5,389,721 6,000,773