1512 EST—Natural-gas futures extend gains after the EIA reports an above-estimate draw on inventories for last week. The EIA said natural gas in underground storage fell by 87 billion cubic feet in ...
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 ...
The freezing temperatures in most of the Eastern U.S. in the week to January 5 led to the biggest ever weekly withdrawal from natural gas storage, data by the U.S. Energy Information Administration ...
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U.S. Natural-Gas Futures Extend Winning Streak
1515 ET [Dow Jones]—U.S. natural-gas futures rise for a fourth consecutive session as weather forecasts for the next week turn colder, and LNG feedgas flows rise. The EIA reported a 100 Bcf withdrawal ...
Natural gas storage fell by 116 Bcf, missing trader forecasts of 127 Bcf, softening bullish market sentiment. Despite the draw, storage sits 154 Bcf above the five-year average, signaling supply ...
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 ...
Working gas in storage decreased by 9 Bcf from the previous week. Stocks remain well above the five-year average for this time of the year. Natural gas prices are trying to rebound after a multi-day ...
On March 14, 2024, EIA released its Weekly Natural Gas Storage Report. The report indicated that working gas in storage declined by 9 Bcf from the previous week, compared to analyst consensus of -3 ...
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