# U.S. natgas falls 4% to 3-mth low on mild weather, global price collapse | Reuters

> U.S. natural gas futures fell about 4% to a three-month low as oil and European gas prices dropped and forecasters called for milder U.S. weather over the next two weeks. Gas prices have declined for eight weeks as record domestic output and reduced LNG exports let utilities inject more gas into storage.

- Date: 2022-10-18 · published 2022-10-18T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/12787-u-s-natgas-falls-4-to-3-mth-low-on-mild-weather-global-price-collapse-reuters
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Milder weather cuts heating demand and record output keeps storage building, which weighs on natural gas prices. Lower gas costs also reduce the energy cost backdrop for feed processing.

## Read by commodity

- NATGAS: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| NATGAS | 2022-10-21 | 5 | -25.1% | -2.8 | Prices hit a three-month low as milder forecasts, record output and reduced LNG exports raised storage injections, a bearish supply/demand mechanism within the window. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2021-10-15 | [U.S. natgas falls near 5% on mild forecast, drop in global prices \| Reuters](https://feedsoft.ai/events/44763-u-s-natgas-falls-near-5-on-mild-forecast-drop-in-global-prices-reuters.md) | -13.4% | -14.2% |
| NATGAS | 2025-02-28 | [US natgas prices slide 3% to two-week low on record output, mild weather — TradingView News](https://feedsoft.ai/events/26214-us-natgas-prices-slide-3-to-two-week-low-on-record-output-mild-weather.md) | +10.8% | -0.2% |
| NATGAS | 2023-01-03 | [U.S. natgas price collapse cut 2023 widow maker premium to record low \| BOE Report](https://feedsoft.ai/events/9187-u-s-natgas-price-collapse-cut-2023-widow-maker-premium-to-record-low-boe-report.md) | -4.8% | -32.8% |
| NATGAS | 2023-11-06 | [Strong Supplies, Mild Weather Push Global Natural Gas Prices Lower – LNG Recap](https://feedsoft.ai/events/6389-strong-supplies-mild-weather-push-global-natural-gas-prices-lower-lng-recap.md) | -11.7% | -16.2% |
| NATGAS | 2023-11-06 | [US natgas prices drop 7% on record output, mild weather](https://feedsoft.ai/events/6385-us-natgas-prices-drop-7-on-record-output-mild-weather.md) | -11.7% | -16.2% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/us-natgas-falls-4-3-mth-low-mild-weather-global-price-collapse-2022-10-18/

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