# Natural Gas Prices Edge Lower as Traders Weigh Storage Volumes, Demand - WSJ

> Natural gas prices closed lower on Monday as warm weather forecasts for the coming weeks weighed on the market. December delivery settled down 7.9 cents, or 2.5%, at $3.026 per MMBtu. Traders also expected rising storage numbers.

- Date: 2016-10-31 · published 2016-10-31T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/9174-natural-gas-prices-edge-lower-as-traders-weigh-storage-volumes-demand-wsj
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Warmer forecasts cut expected heating demand, and bigger storage builds leave more gas in inventory, which pressures Henry Hub prices lower. Lower gas prices also reduce the cost of gas-based power and fertilizer inputs.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2026-01-05 | [Why Natural Gas Prices Are Slipping Despite Strong LNG Demand](https://feedsoft.ai/events/7834-why-natural-gas-prices-are-slipping-despite-strong-lng-demand.md) | -20.7% | -0.8% |
| NATGAS | 2025-01-23 | [Natural Gas Forward Prices Decline as Traders Assess Enzo Impacts](https://feedsoft.ai/events/6346-natural-gas-forward-prices-decline-as-traders-assess-enzo-impacts.md) | -12.2% | +22.8% |
| NATGAS | 2024-10-18 | [USA 'Zombie Summer' Saps Energy Demand and Natural Gas Prices](https://feedsoft.ai/events/10307-usa-zombie-summer-saps-energy-demand-and-natural-gas-prices.md) | +0.0% | +6.9% |
| NATGAS | 2020-10-02 | [Weak demand, elevated storage to pressure US Northeast gas prices \| S&P Global](https://feedsoft.ai/events/9681-weak-demand-elevated-storage-to-pressure-us-northeast-gas-prices-s-and-p-global.md) | -1.6% | +58.1% |
| NATGAS | 2023-01-03 | [Europe Natural Gas Prices Decline as Persistent Mild Weather Curbs Demand - Bloomberg](https://feedsoft.ai/events/9185-europe-natural-gas-prices-decline-as-persistent-mild-weather-curbs-demand.md) | -4.8% | -32.8% |

## Sources

- wsj.com: https://www.wsj.com/articles/natural-gas-prices-edge-lower-as-traders-weigh-storage-volumes-demand-1477925929

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