# U.S. natgas falls near 5% on mild forecast, drop in global prices | Reuters

> US natural gas futures fell nearly 5% on a milder weather forecast and lower global prices. Talk of a possible US export ban on diesel has also widened the discount of US crude futures to the global benchmark.

- Date: 2021-10-15 · published 2021-10-15T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/44763-u-s-natgas-falls-near-5-on-mild-forecast-drop-in-global-prices-reuters
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Milder weather reduces near-term heating demand and eases US gas prices, which lowers fertilizer and energy input costs. A diesel export ban would change US fuel supply and freight costs.

## Read by commodity

- DIESEL: neutral
- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2022-10-18 | [U.S. natgas falls 4% to 3-mth low on mild weather, global price collapse \| Reuters](https://feedsoft.ai/events/12787-u-s-natgas-falls-4-to-3-mth-low-on-mild-weather-global-price-collapse-reuters.md) | -17.2% | +0.7% |
| NATGAS | 2022-11-01 | [U.S. natgas futures drop 10% on profit-taking, mild forecasts](https://feedsoft.ai/events/38857-u-s-natgas-futures-drop-10-on-profit-taking-mild-forecasts.md) | +0.3% | +16.9% |
| NATGAS | 2023-11-06 | [US natgas prices drop 7% on record output, mild weather](https://feedsoft.ai/events/6385-us-natgas-prices-drop-7-on-record-output-mild-weather.md) | -11.7% | -16.2% |
| NATGAS | 2025-06-24 | [Nat-Gas Prices Fall on Forecasts for Cooler US Weather](https://feedsoft.ai/events/24407-nat-gas-prices-fall-on-forecasts-for-cooler-us-weather.md) | -6.7% | -5.2% |
| NATGAS | 2022-02-07 | [U.S. natgas futures drop 6% on forecasts for less cold, rising output \| Financial Post](https://feedsoft.ai/events/8458-u-s-natgas-futures-drop-6-on-forecasts-for-less-cold-rising-output-financial.md) | -19.2% | -1.2% |
| DIESEL | 2020-08-26 | [As Hurricane Laura lunges shoreward, oil markets remain nonplussed - FreightWaves](https://feedsoft.ai/events/51797-as-hurricane-laura-lunges-shoreward-oil-markets-remain-nonplussed-freightwaves.md) | -2.3% | -11.6% |
| DIESEL | 2019-08-29 | [Assessing Hurricane Dorian scenarios for oil & gasoline - DTN](https://feedsoft.ai/events/57785-assessing-hurricane-dorian-scenarios-for-oil-and-gasoline-dtn.md) | +1.7% | +5.5% |

## Sources

- reuters.com: https://www.reuters.com/business/energy/us-natgas-falls-near-5-mild-forecast-drop-global-prices-2021-10-15/

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