# Natural Gas Contango Swells As Summer/Winter Trades Get Crowded | Investing.com NG

> The Henry Hub spot contract for May fell to a two-week low below $1.60/MMBtu, and the futures curve showed a wide contango between front-month and summer/winter contracts. Analysts expected a weekly EIA storage injection of about 64 bcf, nearly triple the five-year average.

- Date: 2020-04-16 · published 2020-04-16T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/12200-natural-gas-contango-swells-as-summer-winter-trades-get-crowded-investing-com-ng
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Storage builds well above normal signal oversupply in the near term, pressuring front-month gas prices while winter contracts hold a premium.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2023-07-28 | [August Natural Gas Futures Contract Limps into Expiration](https://feedsoft.ai/events/35223-august-natural-gas-futures-contract-limps-into-expiration.md) | +0.8% | -0.5% |
| NATGAS | 2020-09-01 | [U.S. liquefied natural gas exports remain at low levels this summer](https://feedsoft.ai/events/51819-u-s-liquefied-natural-gas-exports-remain-at-low-levels-this-summer.md) | -3.4% | -14.2% |
| NATGAS | 2017-09-28 | [Natural gas prices shed over over percent after US inventory buildup](https://feedsoft.ai/events/69140-natural-gas-prices-shed-over-over-percent-after-us-inventory-buildup.md) | -3.6% | -0.9% |
| NATGAS | 2025-07-22 | [Global natural gas demand growth set to accelerate in 2026 as more LNG supply comes to market - IEA](https://feedsoft.ai/events/23961-global-natural-gas-demand-growth-set-to-accelerate-in-2026-as-more-lng-supply.md) | -10.5% | -14.3% |
| NATGAS | 2018-01-04 | [Natural gas slumps 4% after lower-than-expected US inventory drawdown](https://feedsoft.ai/events/7022-natural-gas-slumps-4-after-lower-than-expected-us-inventory-drawdown.md) | -30.1% | -31.8% |

## Sources

- ng.investing.com: https://ng.investing.com/analysis/natural-gas-contango-swells-as-summerwinter-trades-get-crowded-30131

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