# EIA Reports 82 Billion-cubic-foot Rise In U.S. Natural-gas Supplies | Fox Business

> The EIA reported a 82 Bcf rise in US natural gas storage for the week ended May 27, slightly below the 85 Bcf analyst forecast. Total stocks reached 2.907 Tcf, 753 Bcf above the five-year average. July futures rose 2 cents to $2.402.

- Date: 2016-06-02 · published 2016-06-02T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/7635-eia-reports-82-billion-cubic-foot-rise-in-u-s-natural-gas-supplies-fox-business
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Storage builds larger than the five-year average signal an ample supply cushion, which limits upside for NATGAS prices.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2017-01-05 | [EIA Reports Smaller-than-expected Fall In U.S. Natural-gas Supplies \| Fox Business](https://feedsoft.ai/events/11915-eia-reports-smaller-than-expected-fall-in-u-s-natural-gas-supplies-fox-business.md) | -2.9% | -5.5% |
| NATGAS | 2023-01-05 | [Bullish US natural gas storage report from EIA falls flat as NYMEX futures sell off](https://feedsoft.ai/events/9183-bullish-us-natural-gas-storage-report-from-eia-falls-flat-as-nymex-futures-sell.md) | -10.5% | -35.3% |
| 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 | 2023-08-31 | [Nat-Gas Prices Fall Back on Bearish EIA Report](https://feedsoft.ai/events/34751-nat-gas-prices-fall-back-on-bearish-eia-report.md) | -4.5% | +7.9% |
| 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% |

## Sources

- foxbusiness.com: https://www.foxbusiness.com/markets/eia-reports-82-billion-cubic-foot-rise-in-u-s-natural-gas-supplies

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