Summary

US natural gas futures surged over 50% in two days due to freezing temperatures and increased heating demand. An Arctic cold front is expected to bring dangerously cold temperatures to much of the eastern US, potentially causing temporary outages at gas production sites in Texas. This could impact both US consumers and European gas markets, as Europe relies on US LNG imports.

https://www.theedgesingapore.com/news/oil-gas/us-natural-gas-jumps-over-50-week-freeze-takes-hold