# US natural gas surge 2pc to 6-week high on soaring global prices - Markets - Business Recorder

> US natural gas futures rose over 2% to a six-week high of $2.817/MMBtu on January 13, 2021, supported by strong LNG export demand. Lower 48 output averaged 91.5 bcfd so far in January, and LNG feedgas averaged 10.6 bcfd near record levels. Forecasts for milder US weather were expected to reduce heating demand the following week.

- Date: 2021-01-13 · published 2021-01-13T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/49339-us-natural-gas-surge-2pc-to-6-week-high-on-soaring-global-prices-markets
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Strong LNG export pull and global price spikes support US gas prices, but milder weather ahead limits upside; this is routine market movement.

## Read by commodity

- NATGAS: bullish ▲

## Sources

- brecorder.com: https://www.brecorder.com/news/40050982

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