# August Natural Gas Futures Jump After Lower Storage Injection, Signs of Stronger Demand

> August natural gas futures rose after the EIA reported a 65 Bcf storage injection for the week ending June 26, below the average analyst estimate of about 78 Bcf. The build matched the five-year average and followed a 120 Bcf build the prior week.

- Date: 2020-07-02 · published 2020-07-02T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/11172-august-natural-gas-futures-jump-after-lower-storage-injection-signs-of-stronger
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

A smaller-than-expected storage build signals tighter supply and stronger cooling demand, which pushes prices higher. The surprise against consensus is what drove the move.

## Read by commodity

- NATGAS: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| NATGAS | 2020-07-06 | 5 | +21.4% | 3.3 | A 65 Bcf storage injection, well below the ~78 Bcf expected, signaled a tighter balance and lifted August futures early in the 5-day window ending 2020-07-06. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2025-11-26 | [As Storage Draws Down and Demand Mounts, January Natural Gas Futures Debut in Bullish Form](https://feedsoft.ai/events/22131-as-storage-draws-down-and-demand-mounts-january-natural-gas-futures-debut-in.md) | +15.4% | -12.2% |
| NATGAS | 2024-09-19 | [Natural Gas Futures Regain Footing as Bulls Win Tug-of-War After EIA Storage Print](https://feedsoft.ai/events/28491-natural-gas-futures-regain-footing-as-bulls-win-tug-of-war-after-eia-storage.md) | +14.4% | -0.4% |
| NATGAS | 2024-01-11 | [Natural Gas Futures Rise on Big Storage Withdrawal - WSJ](https://feedsoft.ai/events/4188-natural-gas-futures-rise-on-big-storage-withdrawal-wsj.md) | -11.3% | -41.9% |
| NATGAS | 2017-07-20 | [Natural Gas Prices Up Slighting After Lower Than Expected Storage Build \| OilPrice.com](https://feedsoft.ai/events/70137-natural-gas-prices-up-slighting-after-lower-than-expected-storage-build.md) | -5.4% | -5.6% |
| NATGAS | 2025-07-25 | [US natural Gas prices rebound on storage surprise – ING](https://feedsoft.ai/events/23962-us-natural-gas-prices-rebound-on-storage-surprise-ing.md) | -2.1% | -8.3% |

## Sources

- naturalgasintel.com: https://naturalgasintel.com/news/august-natural-gas-futures-jump-after-lower-storage-injection-signs-of-stronger-demand/

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