# US natgas futures jump - Markets - Business Recorder

> US natural gas futures jumped about 9% to a one-month high on Monday on colder weather forecasts for mid-to-late November. Output dropped so far in November, and Freeport LNG was expected to return to service soon after a draft root cause failure analysis was filed.

- Date: 2022-11-08 · published 2022-11-08T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/7580-us-natgas-futures-jump-markets-business-recorder
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Colder demand forecasts and the expected return of Freeport LNG tighten supply, supporting higher US natural gas prices and energy costs for feed processors.

## 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 | Reports of a roughly 9% jump to a one-month high on colder mid-to-late November forecasts, lower output and expected Freeport LNG restart describe the same Monday rally. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2022-07-29 | [US natgas futures up - Markets - Business Recorder](https://feedsoft.ai/events/40668-us-natgas-futures-up-markets-business-recorder.md) | -2.1% | +11.7% |
| NATGAS | 2023-04-20 | [US natgas futures up on output decline - Markets - Business Recorder](https://feedsoft.ai/events/36592-us-natgas-futures-up-on-output-decline-markets-business-recorder.md) | -2.6% | +4.3% |
| NATGAS | 2021-08-28 | [US natgas jump to fresh 32-month high - Markets - Business Recorder](https://feedsoft.ai/events/45737-us-natgas-jump-to-fresh-32-month-high-markets-business-recorder.md) | +8.7% | +28.8% |
| NATGAS | 2024-01-10 | [US natgas prices higher - Markets - Business Recorder](https://feedsoft.ai/events/4186-us-natgas-prices-higher-markets-business-recorder.md) | -11.0% | -39.3% |
| NATGAS | 2020-12-31 | [US natgas futures set for best year since 2016 - Markets - Business Recorder](https://feedsoft.ai/events/49822-us-natgas-futures-set-for-best-year-since-2016-markets-business-recorder.md) | +15.8% | +9.6% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40207626

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