# Market Watch: Nymex Backs Off of 20-Week High

> December US natural gas futures fell 11 cents on Friday to $3.23 per million Btu as short-term forecasts reduced heating demand and production recovered. Analysts noted record short positions could leave the market vulnerable to sharp spikes if cold weather persists.

- Date: 2026-11-13 · published 2026-11-14T00:09:43.064Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/98569-market-watch-nymex-backs-off-of-20-week-high
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Milder near-term forecasts and rising supply reduce the weather premium in US natural gas, which matters for feed-grain drying costs and energy-linked input prices.

## Read by commodity

- NATGAS: bearish ▼

## Sources

- energyintel.com: https://www.energyintel.com/000001a1-d5f6-d8a4-a3f7-fdfe40790000

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