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US natural gas futures rose 5.4% to $3.16 per million British thermal units, their highest level in three weeks, as forecasts turned colder and production declined. Lower 48 output averaged 112.1 billion cubic feet per day so far in November, down from October, while estimates showed storage remained above normal.
Colder weather could lift heating demand, while lower production tightens expected supply; both factors support US gas prices.
boereport.comReutersNov 9, 2026After 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.
