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 ...
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 ...
1504 ET – U.S. natural gas futures post modest gains as the market digests a record 360 Bcf storage withdrawal for last week, although the report came in at the low end of expectations. The decline ...
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 ...
Natural gas futures fell 2.48% last week despite a record 360 Bcf storage draw, as traders looked ahead to warmer weather. A surge in U.S. gas production is expected with rig counts hitting a 2.5-year ...