# Market Watch | Energy Intelligence

> December natural gas futures jumped 8.6% to the mid-$3.50s per MMBtu, the highest close since January and the largest one-day gain in two years. The move followed an updated forecast for unseasonable cold in the northern and central US, moving later toward the Eastern Seaboard.

- Date: 2018-11-05 · published 2018-11-05T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/6488-market-watch-energy-intelligence
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Expected heating demand over a broad population area lifts near-term gas prices, and the size of the move signals strong market sensitivity to weather.

## Read by commodity

- NATGAS: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| NATGAS | 2018-11-19 | 5 | +20.7% | 2.9 | Reports the same 8.6% jump in December futures, the largest one-day gain in two years, on forecasts of unseasonable cold, which started the rally within the window's lead-up. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2020-08-03 | [Market Watch \| Energy Intelligence](https://feedsoft.ai/events/10739-market-watch-energy-intelligence.md) | +20.9% | +40.9% |
| NATGAS | 2025-12-29 | [Market Watch: January Nymex Rolls Off Board at $4.687 \| Energy Intelligence](https://feedsoft.ai/events/7189-market-watch-january-nymex-rolls-off-board-at-4-687-energy-intelligence.md) | -17.1% | +187.6% |
| NATGAS | 2022-11-07 | [US Natgas Futures Surge on Coming Cold \| Energy Intelligence](https://feedsoft.ai/events/7576-us-natgas-futures-surge-on-coming-cold-energy-intelligence.md) | +5.0% | -4.9% |
| NATGAS | 2021-02-11 | [Arctic Blast Sends US Gas Prices Soaring \| Energy Intelligence](https://feedsoft.ai/events/5577-arctic-blast-sends-us-gas-prices-soaring-energy-intelligence.md) | +55.3% | -18.9% |
| NATGAS | 2024-01-12 | [Arctic Blast Forecast Drives US Gas Futures to Two-Month High \| Energy Intelligence](https://feedsoft.ai/events/5288-arctic-blast-forecast-drives-us-gas-futures-to-two-month-high-energy.md) | -16.5% | -42.6% |

## Sources

- energyintel.com: https://www.energyintel.com/0000017b-a7d6-de4c-a17b-e7d639e30000

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