EIA Natural Gas Storage Report: +7 Bcf Build Falls Short of Expectations – Market Implications & Forecasts
EIA Natural Gas Storage Build of +7 Bcf Misses Analyst Estimates
August 7, 2025 – FXEmpire
The EIA released its Weekly Natural Gas Storage Report on August 7, 2025. The report shows that working gas in storage climbed by 7 billion cubic feet (Bcf) this week. Analysts had expected a 15 Bcf increase. Last week, the build was 48 Bcf.
Current Storage Levels and Market Context
The storage numbers sit above long-term averages. Natural gas stocks are 173 Bcf higher than the five-year trend for this time of year. In contrast, compared to 2024, the storage is 137 Bcf lower. The numbers show a comfortable supply today and a tighter supply than last year.
Market Reaction and Demand Outlook
Traders saw the storage miss as a sign of strong demand or limits in supply. The prices moved up slightly after the report. Weather forecasts point to warmer or cooler days that may raise natural gas use soon. This weather change may help keep prices steady in the coming weeks.
Technical Analysis of Natural Gas Prices
Technical readings show that natural gas prices have risen a bit after falling earlier. The prices hold above a key support level of $3.00 to $3.05 per MMBtu. Prices now face a barrier at $3.10. If traders push them above this mark, the market may move near $3.20. A steady rise beyond $3.20 might lead to a test of the few points between $3.35 and $3.40. ### Summary
- Storage build: +7 Bcf (analysts expected +15 Bcf)
- Stock levels: +173 Bcf above the five-year norm; -137 Bcf compared to last year
- Market impact: Price rise after the lower build
- Demand outlook: Weather may raise natural gas use soon
- Technical levels: Support at $3.00-$3.05; resistance near $3.10, $3.20, and between $3.35-$3.40
Investors and traders watch the storage reports and weather trends to learn more about supply and demand. They also keep an eye on price moves in the natural gas market.
About the Author:
Vladimir Zernov is an independent trader with 18 years of work in stocks, futures, forex, indices, and commodities markets. He studies short-term moves and long-term market trends.
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Disclaimer: This article is for informational purposes only and does not serve as investment advice. Please do your own research or talk to a financial advisor before trading.