# Natural gas prices jump 8% as inflation fears resurface - IG UK

> Natural gas futures gapped higher, rising over 8% in early trade on renewed concerns about a cold European winter and Europe's ability to refill storage without Russian imports. An IEA scenario flagged a possible 30 bcm shortfall for summer 2023 refilling.

- Date: 2022-11-07 · published 2022-11-07T12:00:00.000Z
- Category: weather · region Europe · magnitude medium
- Page: https://feedsoft.ai/events/7578-natural-gas-prices-jump-8-as-inflation-fears-resurface-ig-uk
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Expectations of a colder Northwest Europe and tight refill needs for 2023 support gas prices, with knock-on effects for fertilizer and energy input costs.

## Read by commodity

- NATGAS: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| NATGAS | 2022-11-07 | 1 | +11.9% | 3.4 | Gap higher of over 8% in early trade on 11-07 on European cold-winter and storage refill concerns adds sentiment support, though it refers to European gas. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2018-11-14 | [Natural gas prices surge 18 percent, jumping most in 4 years](https://feedsoft.ai/events/9431-natural-gas-prices-surge-18-percent-jumping-most-in-4-years.md) | +11.8% | +5.6% |
| NATGAS | 2022-01-26 | [U.S. Natural Gas Prices Jump On High Demand \| OilPrice.com](https://feedsoft.ai/events/6916-u-s-natural-gas-prices-jump-on-high-demand-oilprice-com.md) | +22.7% | +11.1% |
| NATGAS | 2021-05-17 | [Natural Gas Prices Jump On Warmer Weather \| OilPrice.com](https://feedsoft.ai/events/47270-natural-gas-prices-jump-on-warmer-weather-oilprice-com.md) | -2.8% | +13.6% |
| NATGAS | 2022-01-03 | [U.S. natural gas prices rise as cold freezes wells \| Reuters](https://feedsoft.ai/events/43321-u-s-natural-gas-prices-rise-as-cold-freezes-wells-reuters.md) | +2.6% | +37.9% |
| NATGAS | 2025-12-25 | [Cold Snap Looms Over Eastern US As Natural Gas Price Jump Nearly 10% On Demand Fears - Dailyoilfutures.com](https://feedsoft.ai/events/7195-cold-snap-looms-over-eastern-us-as-natural-gas-price-jump-nearly-10-on-demand.md) | +1.5% | +248.0% |

## Sources

- ig.com: https://www.ig.com/uk/market-insight-articles/natural-gas-prices-jump-8--as-inflation-fears-resurface-221107

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