You may not know this from the price action in oil today, but EIA reported the largest weekly crude draw in history (-17 million bbls). The drop also puts us in-line with 2019 and 2021 storage levels.
U.S. natural gas futures have pulled back sharply in recent sessions, even after the latest government data showed a triple-digit storage withdrawal. Prices moved lower as traders shifted focus away ...
Working gas in storage decreased by 140 Bcf from the previous week. Inventory draw exceeded analyst expectations, which may provide some support to natural gas prices. Weather forecasts’ dynamics will ...
1500 ET – Natural gas prices make a slight recovery after the EIA reports a large draw on storage last week. Natural gas for January delivery settles up 2 cents or 0.6% at $2.585/mmBtu. The EIA said ...
Working gas in storage decreased by -80 Bcf from the previous week. At current levels, stocks are -224 Bcf below the five-year average for this time of the year. Natural gas tests support at $4.25 - ...
The report shows a change of -206 Bcf. This was 19 Bcf lower than our estimate of -225 Bcf and 15 Bcf lower than the consensus average of -221 Bcf. We are currently seeing -330 Bcf for next week's EIA ...
1532 ET – Natural gas futures settle slightly lower after the EIA reports a 261 Bcf storage withdrawal for last week, which is close to expectations and widens the deficit versus last year and the ...
1454 ET – Natural gas futures give back some of the previous day’s heavy gains with the March contract settling down 2.3% at $1.737/mmBtu, above the day’s low of $1.661/mmBtu. The EIA reports a 60-Bcf ...
How to Trade Index ETFs: How & When to Choose the Right Fund Working gas in storage decreased by -258 Bcf from the previous week. At current levels, stocks are 77 Bcf above the five-year average for ...
Natural gas futures stretch their losing streak to eight days, testing a new three-and-a-half year low ahead of what's forecast to be a bearish weekly storage report. Natural gas for March delivery ...