# US natgas futures jump 10pc on warmer weather view - Markets - Business Recorder

> US natural gas futures rose more than 10% on Monday after hitting their lowest level since 1995 the previous session. The August contract climbed 15.6 cents to $1.701 per mmBtu as forecasts pointed to hotter weather and higher cooling demand. Chesapeake Energy also filed for Chapter 11, signaling some supply drop.

- Date: 2020-06-29 · published 2020-06-29T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/9801-us-natgas-futures-jump-10pc-on-warmer-weather-view-markets-business-recorder
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Warmer forecasts lift expected power-sector gas burn, and a producer bankruptcy hints at lower output, supporting prices after a sharp slump. Gas-based fertilizer and feed-cost inputs can shift with these moves.

## Read by commodity

- WTI: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2026-10-27 | [CBoT corn drops on US harvest pressure - Markets - Business Recorder](https://feedsoft.ai/events/421-cbot-corn-drops-on-us-harvest-pressure-markets-business-recorder.md) | -1.0% | — |
| WTI | 2024-11-01 | [Natural Gas Futures Extend Drop on Delayed Winter Arrival, Golden Pass LNG Project](https://feedsoft.ai/events/11711-natural-gas-futures-extend-drop-on-delayed-winter-arrival-golden-pass-lng.md) | +4.5% | -1.9% |
| WTI | 2020-06-30 | [US and European natural gas prices rise with Gulf Coast LNG futures as demand picture improves](https://feedsoft.ai/events/9802-us-and-european-natural-gas-prices-rise-with-gulf-coast-lng-futures-as-demand.md) | +2.3% | +3.2% |
| WTI | 2026-01-26 | [When the US freezes, the global LNG market catches a cold \| Reuters](https://feedsoft.ai/events/4404-when-the-us-freezes-the-global-lng-market-catches-a-cold-reuters.md) | +6.4% | +9.1% |
| WTI | 2017-08-29 | [Weekly Energy Market Situation, August 28, 2017 - Fuels Market News](https://feedsoft.ai/events/8390-weekly-energy-market-situation-august-28-2017-fuels-market-news.md) | +4.7% | +11.3% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40001654

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