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US natural gas storage rose 77 Bcf in the week ending October 30, above the five-year average of 61 Bcf. Henry Hub spot fell $0.24 to $2.61/MMBtu, touching $2.40, the lowest daily price since November 2024.
Ample US storage and low Henry Hub prices lower US energy and fertilizer costs, a mildly bearish signal for natural gas.
After 62 past bearish report events, Natural Gas moved a median -3.0% over 5 sessions (42% higher; middle half -7.6% to +4.6%), and -0.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.