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 ...
Natural gas has fallen to a new three-month low thanks to lower-than-expected draws on storage, prompting the Wall Street Journal to report that the coming months may see bearish oversupply. The ...
1456 ET – Natural gas futures for January settle lower in a choppy session as concerns about a mild December keeping a lid on demand offset this week’s bullish storage draw reported by the EIA.
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 ...
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Natural gas markets delivered another volatile week as lingering cold weather effects clashed with shifting forecasts. The key question for investors is whether the historic storage draw meaningfully ...
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