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US Natural Gas Rises on Lower Appalachian Output, Cooler Weather

Bloomberg Markets Monday 02 November 2026, 15:08 UTC By Julian Hast 1 min read
Key Points

US Natural Gas Rises on Lower Appalachian Output, Cooler Weather US natural gas futures increased as production dropped over the weekend, led by declines in the shale fields of Appalachia. The dip in supply signals producers may be curtailing output because of low prices. Forecasts also shifted slightly cooler, indicating higher demand for the furnace and power-plant fuel as the winter heating season gets underway.

US Natural Gas Rises on Lower Appalachian Output, Cooler Weather US natural gas futures increased as production dropped over the weekend, led by declines in the shale fields of Appalachia. The dip in supply signals producers may be curtailing output because of low prices. Forecasts also shifted slightly cooler, indicating higher demand for the furnace and power-plant fuel as the winter heating season gets underway. Gains are likely limited by persistent outlooks for above-average temperatures across the US in the coming weeks, despite any incremental increases in heating demand. Flows to liquefied natural gas export terminals also fell, putting downward pressure on prices by leaving more gas within the domestic market.
US (LOCATION) Lower Appalachian Output, (ORG) Appalachia (LOCATION)
Originally published by Bloomberg Markets Read original →

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