# With Demand Disappointing, Natural Gas Futures Prices Tumble Further

> Natural gas futures fell further on October 18 as a cold snap across the Lower 48 failed to lift demand as expected. The November Nymex contract settled at $5.745/MMBtu, down 25.4 cents, bringing the two-day loss to 70.8 cents despite a large drop in production tied to maintenance.

- Date: 2022-10-18 · published 2022-10-18T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/12793-with-demand-disappointing-natural-gas-futures-prices-tumble-further
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Weaker-than-expected heating demand despite cold weather signals a loose supply balance, pressuring natural gas prices. Lower energy costs ease input pressure on feed manufacturers.

## 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 | Weak demand despite cold weather led to a further two-day loss of 70.8 cents, which is part of the selloff. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2024-10-16 | [Waning Weather Support Sends Natural Gas Futures Tumbling; Cash Prices Slip with Demand](https://feedsoft.ai/events/10304-waning-weather-support-sends-natural-gas-futures-tumbling-cash-prices-slip-with.md) | -17.1% | -2.9% |
| NATGAS | 2023-11-28 | [Nat-Gas Prices Tumble as Warm U.S. Temps Stifle Heating Demand](https://feedsoft.ai/events/33343-nat-gas-prices-tumble-as-warm-u-s-temps-stifle-heating-demand.md) | -5.3% | -8.7% |
| NATGAS | 2024-01-22 | [Old Man Winter’s Disappointing Encore Sees Natural Gas Forward Prices Retreat – Prometheus Institute](https://feedsoft.ai/events/32297-old-man-winter-s-disappointing-encore-sees-natural-gas-forward-prices-retreat.md) | -3.0% | -39.4% |
| NATGAS | 2026-01-05 | [Why Natural Gas Prices Are Slipping Despite Strong LNG Demand](https://feedsoft.ai/events/7834-why-natural-gas-prices-are-slipping-despite-strong-lng-demand.md) | -20.7% | -0.8% |
| NATGAS | 2024-10-18 | [USA 'Zombie Summer' Saps Energy Demand and Natural Gas Prices](https://feedsoft.ai/events/10307-usa-zombie-summer-saps-energy-demand-and-natural-gas-prices.md) | +0.0% | +6.9% |

## Sources

- naturalgasintel.com: https://naturalgasintel.com/news/with-demand-disappointing-natural-gas-futures-prices-tumble-further/

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