# US natgas futures slide on rising output, less hot weather - Markets - Business Recorder

> US natural gas futures fell 1.5% to $1.778/mmBtu on rising Lower 48 output and forecasts for less hot weather. Speculators raised long positions to their highest since December 2018 on hopes of an economic rebound.

- Date: 2020-07-13 · published 2020-07-13T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/52295-us-natgas-futures-slide-on-rising-output-less-hot-weather-markets-business
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Weather-driven cooling demand and rising output keep Henry Hub prices soft, lowering energy costs for feed and ethanol production.

## Read by commodity

- NATGAS: bearish ▼

## Sources

- brecorder.com: https://www.brecorder.com/news/40004730

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