# Commodities Buzz: Warm start to November putting downward pressure on US natural gas prices, says EIA

> The EIA said mild November weather reduced heating demand and is expected to leave US natural-gas inventories higher than previously forecast. It lowered its November–March Henry Hub price outlook by 16% from the prior month to $2.87/MMBtu, while forecasting average prices of $2.88/MMBtu in 2027.

- Date: 2026-11-11 · published 2026-11-11T09:12:19.127Z
- Category: weather · region United States · magnitude medium
- Page: https://feedsoft.ai/events/93296-commodities-buzz-warm-start-to-november-putting-downward-pressure-on-us-natural
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Lower heating demand and storage expectations above recent levels add to near-term US supply and pressure gas prices. Stronger international prices may nevertheless support US LNG export demand.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2023-01-04 | [Natural Gas Prices Are Plunging On a Warmer Start to Winter - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/9188-natural-gas-prices-are-plunging-on-a-warmer-start-to-winter-energy-news-top.md) | -8.8% | -32.9% |
| NATGAS | 2019-11-30 | [Natural Gas Prices Crash On Warm Weather Warnings \| OilPrice.com](https://feedsoft.ai/events/56244-natural-gas-prices-crash-on-warm-weather-warnings-oilprice-com.md) | -2.0% | -10.4% |
| NATGAS | 2026-01-08 | [Natural Gas Forward Prices Slump as Mother Nature Fails to Impress](https://feedsoft.ai/events/8587-natural-gas-forward-prices-slump-as-mother-nature-fails-to-impress.md) | -5.5% | +30.2% |
| NATGAS | 2020-11-23 | [Natural Gas Bull Case Starts to Unravel on Demand-Killing Warmth - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/50351-natural-gas-bull-case-starts-to-unravel-on-demand-killing-warmth-energy-news.md) | +19.0% | +11.0% |
| 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% |

## Sources

- capitalmarket.com: https://www.capitalmarket.com/markets/news/commodity-mid-session-news/commodities-buzz-warm-start-to-november-putting-downward-pressure-on-us-natural-gas-prices-says-eia/1747751

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