
US natural-gas futures rose about 2% on Friday to a two-week high, with the December contract reaching $2.992 per mmBtu. Cooler-weather forecasts for late November, record gas flows to LNG export plants, and lower recent production supported prices, while storage remained above the five-year average.
Cooler weather and strong LNG demand raise consumption, while falling output tightens supply; together these factors support US gas prices despite above-average inventories.
After 221 past bullish weather events, Natural Gas moved a median +3.3% over 5 sessions (61% higher; middle half -5.2% to +14.0%), and -0.3% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.