# Daily Natural Gas Market Update  10-30-23

> The November natural gas contract expired at $3.164 after a volatile final session, up about 9% week over week. LNG feedgas near 14 BCF/day and strong output of 102.7 BCF were noted, with prices easing on lower crude and warmer weekend forecasts.

- Date: 2023-10-30 · published 2023-10-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/33808-daily-natural-gas-market-update-10-30-23
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Strong output offsets firm LNG demand, so near-term gas prices are likely to stay range-bound and tied to weather forecasts.

## Read by commodity

- NATGAS: neutral

## Sources

- stonex.com: https://www.stonex.com/en/insights/daily-natural-gas-market-update-10-30-23/

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