# US and European natural gas prices rise with Gulf Coast LNG futures as demand picture improves

> UK, Continental European and US Gulf Coast LNG gas prices jumped to summer-season highs. US domestic gas prices also rose on a forecast July heatwave expected to boost cooling demand.

- Date: 2020-06-30 · published 2020-06-30T12:00:00.000Z
- Category: weather · region Global · magnitude low
- Page: https://feedsoft.ai/events/9802-us-and-european-natural-gas-prices-rise-with-gulf-coast-lng-futures-as-demand
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Hotter forecasts increase gas-fired power demand and global LNG pull, supporting energy input costs. The price effect on feed commodities is indirect.

## Read by commodity

- WTI: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2026-01-26 | [Natural gas prices hit $6 as Winter Storm Fern brings extreme cold](https://feedsoft.ai/events/4410-natural-gas-prices-hit-6-as-winter-storm-fern-brings-extreme-cold.md) | +6.4% | +9.1% |
| WTI | 2021-02-15 | [Higher diesel prices likely as freeze shuts down Gulf Coast refineries - FreightWaves](https://feedsoft.ai/events/48826-higher-diesel-prices-likely-as-freeze-shuts-down-gulf-coast-refineries.md) | +3.6% | +9.9% |
| WTI | 2020-06-29 | [US natgas futures jump 10pc on warmer weather view - Markets - Business Recorder](https://feedsoft.ai/events/9801-us-natgas-futures-jump-10pc-on-warmer-weather-view-markets-business-recorder.md) | +5.3% | +7.8% |
| 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% |

## Sources

- lngjournal.com: https://lngjournal.com/index.php/latest-news-mainmenu-47/item/100561-us-and-european-natural-gas-prices-rise-with-gulf-coast-lng-futures-as-demand-picture-improves

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