# Natural gas prices shed over over percent after US inventory buildup

> Natural gas futures slipped over one percent after the EIA reported a 58 Bcf storage injection for the week ending September 22, below the 77 Bcf analysts expected. Total stocks sit slightly above the five-year average but below year-earlier levels.

- Date: 2017-09-28 · published 2017-09-28T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/69140-natural-gas-prices-shed-over-over-percent-after-us-inventory-buildup
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

A build below expectations is mildly supportive for prices, but the market still faces a long run of injections, which caps gains.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| NATGAS | 2023-02-01 | [EIA forecasts lower wholesale U.S. natural gas prices in 2023 and 2024](https://feedsoft.ai/events/37942-eia-forecasts-lower-wholesale-u-s-natural-gas-prices-in-2023-and-2024.md) | -7.6% | +1.2% |
| NATGAS | 2024-04-26 | [Weekly Natural Gas Cash Spot Prices Move Higher as Futures Stumble](https://feedsoft.ai/events/9866-weekly-natural-gas-cash-spot-prices-move-higher-as-futures-stumble.md) | +18.9% | +71.3% |
| NATGAS | 2019-11-01 | [NYMEX natural gas inches lower after higher than expected storage build report – The Energy Bulletin Daily](https://feedsoft.ai/events/56251-nymex-natural-gas-inches-lower-after-higher-than-expected-storage-build-report.md) | +4.7% | -11.6% |
| NATGAS | 2019-10-25 | [Why Natural Gas Prices Could Take a Hit Next Week](https://feedsoft.ai/events/12168-why-natural-gas-prices-could-take-a-hit-next-week.md) | +15.4% | +9.7% |

## Sources

- economies.com: https://www.economies.com/commodities/natural-gas-news/natural-gas-prices-shed-over-over-percent-after-us-inventory-buildup-20753

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