# US natural gas holds near seven months high - Markets - Business Recorder

> U.S. natural gas futures settled slightly lower on Wednesday after hitting their highest since December. LNG exports climbed and forecasts called for hotter-than-normal weather through late August. Power outages from Hurricane Isaias temporarily weighed on demand.

- Date: 2020-08-06 · published 2020-08-06T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/10743-us-natural-gas-holds-near-seven-months-high-markets-business-recorder
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Persistent heat forecasts keep gas demand firm, which supports fertilizer and ethanol input costs for feed markets. Analysts still expect inventories to reach record levels by October, which limits the upside.

## Read by commodity

- NATGAS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2025-01-22 | [Daily Natural Gas Market Update  1-22-25](https://feedsoft.ai/events/6345-daily-natural-gas-market-update-1-22-25.md) | -15.5% | +36.1% |
| NATGAS | 2025-09-30 | [Natural Gas Prices Hit Two-Month High Despite Warmer Weather - Finimize](https://feedsoft.ai/events/23060-natural-gas-prices-hit-two-month-high-despite-warmer-weather-finimize.md) | +7.9% | +8.9% |
| NATGAS | 2019-01-17 | [Extreme Volatility In U.S. Natural Gas Market Is Here To Stay \| OilPrice.com](https://feedsoft.ai/events/61279-extreme-volatility-in-u-s-natural-gas-market-is-here-to-stay-oilprice-com.md) | -10.5% | -25.5% |
| NATGAS | 2025-01-23 | [CIO sees a risk that natural gas prices could come under pressure \| UBS Global](https://feedsoft.ai/events/6350-cio-sees-a-risk-that-natural-gas-prices-could-come-under-pressure-ubs-global.md) | -12.2% | +22.8% |
| NATGAS | 2017-08-29 | [U.S. natural gas sees bumpy trade in Harvey's aftermath By Investing.com](https://feedsoft.ai/events/69632-u-s-natural-gas-sees-bumpy-trade-in-harvey-s-aftermath-by-investing-com.md) | +1.2% | +0.1% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40010391

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.