# Natural Gas Futures Rallying as Freeport Volumes Return — MidDay Market Snapshot

> US natural gas futures rallied on April 29, 2024 as flows to the Freeport LNG export terminal recovered to around 800,000 Dth/d. Spot prices climbed off weekend lows.

- Date: 2024-04-29 · published 2024-04-29T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/30921-natural-gas-futures-rallying-as-freeport-volumes-return-midday-market-snapshot
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Restored LNG export capacity increases gas demand from the US, which gives modest support to gas prices after recent weakness.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2025-01-22 | [Freeport LNG Restart Hopes, Cooler Forecasts Boost Natural Gas Futures — MidDay Market Snapshot](https://feedsoft.ai/events/26696-freeport-lng-restart-hopes-cooler-forecasts-boost-natural-gas-futures-midday.md) | -15.5% | +36.1% |
| NATGAS | 2024-04-25 | [Hammerfest, Freeport Outages Send Global Natural Gas Prices Higher – Three Things to Know About the LNG Market](https://feedsoft.ai/events/9864-hammerfest-freeport-outages-send-global-natural-gas-prices-higher-three-things.md) | +9.1% | +64.2% |
| NATGAS | 2024-04-29 | [Natural Gas Futures Rally Above $2 on LNG Rebound, Supply Slowdown; Cash Jumps](https://feedsoft.ai/events/9862-natural-gas-futures-rally-above-2-on-lng-rebound-supply-slowdown-cash-jumps.md) | +25.8% | +57.3% |
| NATGAS | 2016-10-28 | [U.S. gas futures for 2017 lead market as funds bet on pipeline delay](https://feedsoft.ai/events/9177-u-s-gas-futures-for-2017-lead-market-as-funds-bet-on-pipeline-delay.md) | -5.8% | +5.4% |
| NATGAS | 2018-10-18 | [BC Pipe Explosion Rattles Downstream U.S. Natural Gas Forward Markets](https://feedsoft.ai/events/62747-bc-pipe-explosion-rattles-downstream-u-s-natural-gas-forward-markets.md) | -0.6% | +34.5% |

## Sources

- naturalgasintel.com: https://naturalgasintel.com/news/natural-gas-futures-rallying-as-freeport-volumes-return-midday-market-snapshot/

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