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 ...
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Nat-Gas Prices Rally on a Larger EIA Storage Draw
January Nymex natural gas (NGF26) on Wednesday closed up by +0.077 (+1.72%). Dec nat-gas prices moved higher on Wednesday after weekly nat-gas storage fell more than expected. The EIA reported that ...
On comparing the actual number to the previous week’s data, it was observed that the decrease in natural gas storage was slightly higher than the previous week’s decrease of 11 billion cubic feet.
'Yesterday's bearish EIA storage surprise refocused the natural gas market on rapidly rising storage levels', Eli Rubin, an energy analyst at EBW Analytics Group, said. Image by 24K-Production via ...
November Nymex natural gas (NGX25) on Thursday closed down by -0.106 (-3.07%). Nov nat-gas prices retreated on Thursday from a greater-than-expected build in weekly nat-gas storage. The EIA reported ...
I'm analyzing the current refill of working gas in storage and other factors driving NG price. Production is high and sentiment is bad due to descending crude oil. Speculative traders still have ...
1449 ET – U.S. natural gas futures shake off early losses after the EIA reports a bigger-than-expected 62 Bcf reduction in storage for that widened the deficit as the winter withdrawal season enters ...
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