# US natural gas prices up on cooler forecast - Markets - Business Recorder

> US natural gas futures rose about 1% on October 23 after an eight-day losing streak, as forecasts called for cooler weather and higher heating demand. Record output and ample storage kept prices under pressure.

- Date: 2023-10-25 · published 2023-10-25T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/33803-us-natural-gas-prices-up-on-cooler-forecast-markets-business-recorder
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Colder forecasts can lift gas demand and ease the bearish supply overhang, although heavy output limits the rally.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2025-01-11 | [US natural gas prices soar to two-year high on colder forecasts - Markets - Business Recorder](https://feedsoft.ai/events/26699-us-natural-gas-prices-soar-to-two-year-high-on-colder-forecasts-markets.md) | +53.7% | -14.7% |
| NATGAS | 2024-01-10 | [US natgas prices higher - Markets - Business Recorder](https://feedsoft.ai/events/4186-us-natgas-prices-higher-markets-business-recorder.md) | -11.0% | -39.3% |
| NATGAS | 2022-07-29 | [US natgas futures up - Markets - Business Recorder](https://feedsoft.ai/events/40668-us-natgas-futures-up-markets-business-recorder.md) | -2.1% | +11.7% |
| NATGAS | 2022-12-08 | [US natgas futures surge on forecasts for colder weather - Markets - Business Recorder](https://feedsoft.ai/events/11507-us-natgas-futures-surge-on-forecasts-for-colder-weather-markets-business.md) | +27.9% | -29.6% |
| NATGAS | 2020-08-20 | [US natural gas futures up at fresh 8-month high - Markets - Business Recorder](https://feedsoft.ai/events/51822-us-natural-gas-futures-up-at-fresh-8-month-high-markets-business-recorder.md) | +2.6% | -24.4% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40269803

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