# Natural gas prices could go negative on global oversupply

> Bloomberg reports that the global gas market remains heavily oversupplied as demand falls and storage nears capacity. Traders warn that negative prices could emerge in some regions, with no coordinated producer response comparable to the OPEC+ oil cuts.

- Date: 2020-06-03 · published 2020-06-03T12:00:00.000Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/52798-natural-gas-prices-could-go-negative-on-global-oversupply
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Persistent gas oversupply keeps natural gas input costs low for nitrogen fertilizer and ethanol producers, which can ease cost pressure on feed grains. The risk of negative pricing signals continued bearish pressure on energy-linked feed input costs.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2019-05-07 | [Natural gas and coal: Plunging prices](https://feedsoft.ai/events/59268-natural-gas-and-coal-plunging-prices.md) | +5.3% | -3.9% |
| NATGAS | 2020-06-16 | [Price Convergence of Global Gas Markets](https://feedsoft.ai/events/52797-price-convergence-of-global-gas-markets.md) | -0.1% | +5.4% |
| NATGAS | 2020-03-27 | [The Oil Price Collapse Could Reshape Global Natural Gas Markets \| Georgetown Journal of International Affairs \|
    Georgetown University](https://feedsoft.ai/events/54312-the-oil-price-collapse-could-reshape-global-natural-gas-markets-georgetown.md) | -7.8% | +5.6% |
| NATGAS | 2025-04-28 | [Supply Disruptions Not Enough to Lift Global Natural Gas Prices as Asian Demand Remains Weak — LNG Recap](https://feedsoft.ai/events/25298-supply-disruptions-not-enough-to-lift-global-natural-gas-prices-as-asian-demand.md) | +18.9% | +10.8% |
| NATGAS | 2023-03-20 | [Global Natural Gas Prices Keep Falling as Demand Weakens, Banking Crisis Weighs on Markets – LNG Recap](https://feedsoft.ai/events/37032-global-natural-gas-prices-keep-falling-as-demand-weakens-banking-crisis-weighs.md) | -10.6% | -5.7% |

## Sources

- worldoil.com: https://www.worldoil.com/news/2020/6/3/natural-gas-prices-could-go-negative-on-global-oversupply/

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