# Energy Update - News, Updates related to Power, Nuclear, Solar, Renewable Energy in Pakistan

> Natural gas spot prices rose nearly 10 percent on Monday, trading up about $0.24 to roughly $2.68 per MMBtu. Traders reacted to hopes of a US economic stimulus deal, rising LNG exports, and a forecast that Tropical Storm Delta could cut output in the Gulf of Mexico. Storage remained about 405 Bcf above the five-year average.

- Date: 2020-10-05 · published 2020-10-05T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/9680-energy-update-news-updates-related-to-power-nuclear-solar-renewable-energy-in
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

A hurricane threat to Gulf production and firmer LNG demand support natural gas prices, which feed into ethanol and DDGS production costs and nitrogen fertilizer costs for grain growers.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2022-02-03 | [U.S. natgas prices up near year-high as output hurt by icy weather - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/9227-u-s-natgas-prices-up-near-year-high-as-output-hurt-by-icy-weather-energy-news.md) | -33.0% | -23.0% |
| NATGAS | 2020-12-18 | [LNG Surges to Six-Year High With Cold Snap In Importing Nations - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/49821-lng-surges-to-six-year-high-with-cold-snap-in-importing-nations-energy-news-top.md) | -2.6% | -2.6% |
| NATGAS | 2018-11-15 | [Natural Gas Soars 20% in U.S. on Concerns About Winter Supplies - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/10415-natural-gas-soars-20-in-u-s-on-concerns-about-winter-supplies-energy-news-top.md) | +2.7% | -5.3% |
| NATGAS | 2023-06-30 | [U.S. natgas prices up 2% on rising LNG feedgas, lingering hot weather - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/35685-u-s-natgas-prices-up-2-on-rising-lng-feedgas-lingering-hot-weather-energy-news.md) | -0.4% | +1.5% |
| NATGAS | 2022-11-08 | [Winter could soon rear its ugly head, pushing prices up despite healthy storage - Rystad Energy’s North America Gas and LNG Market Note](https://feedsoft.ai/events/7581-winter-could-soon-rear-its-ugly-head-pushing-prices-up-despite-healthy-storage.md) | +7.4% | -11.6% |

## Sources

- energyupdate.com.pk: https://www.energyupdate.com.pk/tighter-markets-cause-natural-gas-prices-to-jump-almost-10/

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