# Natural Gas Craters After Weak Demand, Glut Blindside Bulls | Financial Post

> U.S. natural gas inventories rose 89 billion cubic feet to 3.614 trillion cubic feet in the week ending mid-September, well above analyst expectations. Prices fell by the most in almost two years as milder weather and weak industrial demand offset heat waves and hurricane outages.

- Date: 2020-09-17 · published 2020-09-17T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/6761-natural-gas-craters-after-weak-demand-glut-blindside-bulls-financial-post
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

A large storage surplus signals weak natural gas demand and cheaper energy, which lowers nitrogen fertilizer and drying costs for grain processors. Feed buyers may see slightly softer input costs.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2024-07-18 | [IEA Forecasts Lagging LNG Demand, Further Global Natural Gas Price Slides Through 2024](https://feedsoft.ai/events/29454-iea-forecasts-lagging-lng-demand-further-global-natural-gas-price-slides.md) | +2.5% | +9.6% |
| NATGAS | 2024-11-03 | [Natural Gas News: Will Storage Levels and Mild Forecasts Keep Bulls at Bay? \| FXEmpire](https://feedsoft.ai/events/11714-natural-gas-news-will-storage-levels-and-mild-forecasts-keep-bulls-at-bay.md) | -7.6% | +61.0% |
| NATGAS | 2024-05-01 | [Crude oil prices today: WTI falls to $79 on stockpile build, weak demand](https://feedsoft.ai/events/7236-crude-oil-prices-today-wti-falls-to-79-on-stockpile-build-weak-demand.md) | +13.4% | +28.1% |
| 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% |

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/natural-gas-craters-after-stockpile-gain-surprises-market-bulls

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