# US GLOBAL INVESTORS | US natural gas futures hit near four-week high on hotter weather, firm oil prices (updated)

> US natural gas futures rose to a near four-week high on forecasts for hotter weather and firm oil prices. Front-month September futures settled at $2.814/MMBtu. Forecasters expected mostly warmer-than-normal temperatures through early September.

- Date: 2023-05-25 · published 2023-05-25T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/36128-us-global-investors-us-natural-gas-futures-hit-near-four-week-high-on-hotter
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Higher cooling demand from heat supports gas prices and power costs, though record output limits the upside for energy input costs.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2021-06-25 | [Natural Gas Prices Surge to Two-Year High, with July Futures Up Four Straight Days](https://feedsoft.ai/events/46763-natural-gas-prices-surge-to-two-year-high-with-july-futures-up-four-straight.md) | +10.5% | +21.6% |
| NATGAS | 2018-11-06 | [Natural gas prices surge on surprise forecast for cold US weather](https://feedsoft.ai/events/6487-natural-gas-prices-surge-on-surprise-forecast-for-cold-us-weather.md) | +9.1% | +24.8% |
| NATGAS | 2026-05-28 | [Nat-Gas Prices Surge as Storage Tightens and US Weather Turns Hotter](https://feedsoft.ai/events/19436-nat-gas-prices-surge-as-storage-tightens-and-us-weather-turns-hotter.md) | +0.2% | +6.2% |
| NATGAS | 2021-05-17 | [Natural Gas Prices Jump On Warmer Weather \| OilPrice.com](https://feedsoft.ai/events/47270-natural-gas-prices-jump-on-warmer-weather-oilprice-com.md) | -2.8% | +13.6% |
| NATGAS | 2022-07-18 | [U.S. natgas futures jump 7% to 5-week high on hotter forecasts \| Reuters](https://feedsoft.ai/events/40666-u-s-natgas-futures-jump-7-to-5-week-high-on-hotter-forecasts-reuters.md) | +21.6% | +28.6% |

## Sources

- stockopedia.com: https://www.stockopedia.com/share-prices/us-global-investors-NAQ:GROW/news/us-natural-gas-futures-hit-near-four-week-high-on-hotter-weather-firm-oil-prices-updated-01a01b80-94d3-79ac-968b-b67d85292b88/

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