# Natural Gas Futures Regain Footing as Bulls Win Tug-of-War After EIA Storage Print

> Natural gas futures recovered after the EIA reported a 58 Bcf storage injection for the week ended Sept. 13, slightly above consensus but lighter than the five-year average. The October contract settled at $2.348/MMBtu. The surplus to the five-year average narrowed to about 9%.

- Date: 2024-09-19 · published 2024-09-19T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/28491-natural-gas-futures-regain-footing-as-bulls-win-tug-of-war-after-eia-storage
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

A lighter-than-normal injection points to a tighter supply balance, which supports gas prices and marginally raises the energy-cost outlook for feed producers.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2021-08-26 | [Natural Gas Futures Prices Surge to Near $4.20 on EIA’s ‘Very Tight’ 29 Bcf Storage Build](https://feedsoft.ai/events/45738-natural-gas-futures-prices-surge-to-near-4-20-on-eia-s-very-tight-29-bcf.md) | +14.4% | +25.1% |
| 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 | 2020-07-02 | [August Natural Gas Futures Jump After Lower Storage Injection, Signs of Stronger Demand](https://feedsoft.ai/events/11172-august-natural-gas-futures-jump-after-lower-storage-injection-signs-of-stronger.md) | +8.8% | +8.3% |
| 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/natural-gas-futures-regain-footing-as-bulls-win-tug-of-war-after-eia-storage-print/

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