# The Commodities Feed: Natural gas surges | articles | ING THINK

> US and European natural gas prices surged on November 11, 2024, with Henry Hub settling 9.4% higher above $2.90/MMBtu on colder weather and short covering. Brent settled about 2.8% lower below $72/bbl under continued USD strength.

- Date: 2024-11-12 · published 2024-11-12T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/7026-the-commodities-feed-natural-gas-surges-articles-ing-think
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Colder forecasts and short covering lift natural gas prices, which raise fertilizer and feed-energy costs. The stronger dollar and a better-supplied oil market weigh on the broader commodity complex.

## Read by commodity

- BRENT: bearish ▼
- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2024-09-12 | [The Commodities Feed: The complex moves higher \| articles \| ING THINK](https://feedsoft.ai/events/10171-the-commodities-feed-the-complex-moves-higher-articles-ing-think.md) | +4.5% | +15.6% |
| NATGAS | 2018-11-15 | [U.S. Natural Gas Leads Global Commodities With 60% Rally On The Year \| Investing.com](https://feedsoft.ai/events/9437-u-s-natural-gas-leads-global-commodities-with-60-rally-on-the-year-investing-com.md) | +2.7% | -5.3% |
| NATGAS | 2018-01-07 | [Natural Gas Got Bomb Cyclone In The New Year   \| Investing.com](https://feedsoft.ai/events/5981-natural-gas-got-bomb-cyclone-in-the-new-year-investing-com.md) | -0.0% | -22.4% |
| NATGAS | 2018-11-14 | [Natural Gas ETFs Bring the Heat](https://feedsoft.ai/events/9435-natural-gas-etfs-bring-the-heat.md) | +11.8% | +5.6% |
| NATGAS | 2025-12-01 | [U.S. natural gas prices surge 4% to 35-month high in cold snap \| Gas Processing & LNG](https://feedsoft.ai/events/21695-u-s-natural-gas-prices-surge-4-to-35-month-high-in-cold-snap-gas-processing-and.md) | +11.0% | -4.3% |
| BRENT | 2017-01-03 | [The End Of The Rally? Oil Reverses, Natural Gas Trounced \| OilPrice.com](https://feedsoft.ai/events/11916-the-end-of-the-rally-oil-reverses-natural-gas-trounced-oilprice-com.md) | -1.6% | -1.0% |
| BRENT | 2017-01-04 | [Crude Oil and Natural Gas Futures Plunge on Tuesday - Oklahoma Energy Today](https://feedsoft.ai/events/11910-crude-oil-and-natural-gas-futures-plunge-on-tuesday-oklahoma-energy-today.md) | -3.3% | +0.4% |
| BRENT | 2018-12-01 | [LNG Prices Are In A Tailspin Due To Warmer Weather \| OilPrice.com](https://feedsoft.ai/events/61752-lng-prices-are-in-a-tailspin-due-to-warmer-weather-oilprice-com.md) | +6.0% | -10.4% |

## Sources

- think.ing.com: https://think.ing.com/articles/the-commodities-feed-nat-gas-surges121124/

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