◂ Event Timeline

Mar 11, 2022WEATHERUS

U.S. natgas futures up 2% on lower output, record LNG exports

U.S. natural gas futures rose about 2% as cold weather was expected to cut output to a one-month low. Near-record LNG exports pulled gas from storage, leaving inventories 16% below the five-year average.

WHY IT MATTERS

Reduced output combined with strong export demand tightens U.S. gas supply and supports prices through the coming weeks, raising energy costs for processors.

AFFECTSNatural Gas▲

SOURCE
boereport.comReutersMar 11, 2022

Price reaction & history

Natural Gas▲bullishSO FAR1d +2.5%5d +5.5%20d +33.7%

After 221 past bullish weather events, Natural Gas moved a median +3.3% over 5 sessions (61% higher; middle half -5.2% to +14.0%), and -0.3% over 20.

Apr 20, 2023US natgas futures up on output decline - Markets - Business Recorder-2.6%
Apr 17, 2023Nat-Gas Prices Surge on Cold U.S. Temps and Record LNG Exports+11.5%
Jul 29, 2022US natgas futures up - Markets - Business Recorder-2.1%
Aug 31, 2026US natgas prices rise to five-week high on LNG export hopes - Markets - Business Recorder+3.3%
Nov 8, 2022US natgas futures jump - Markets - Business Recorder+7.4%

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.

Natural Gas NATGAS · GP ▸

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