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December US natural gas futures rose 7.8 cents to $3.296/MMBtu, a six-week high. Forecasts indicated stronger heating demand late in the week and colder conditions in overnight outlooks, while warmer extended forecasts could temper the rally.
Colder near-term weather can lift heating demand and support US gas prices, increasing energy costs for fertilizer production. Speculative short positions may amplify price reactions to forecast changes.
energyintel.comAuthor Everett Wheeler, Washington Editor Mark DavidsonNov 10, 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.
