EIA Natural Gas Inventories Outlook

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  • #18931
    TradersCom
    Keymaster

    The EIA reported a build of +65 Bcf…

    [article]1197[/article]

    #18947
    ClemSnide
    Participant

    Natgas moves he past week and another gap today look like a lot of trapped sellers below to me from years of [programmed bearishness

    #18962
    KnovaWave
    Participant

    Now that’s a move – #natgas 10 min – +2.8 overnight = +1/8 240 and 30 when we said weekly triangles of that size unleash power here is a perfect example – violence

    #18979
    TradersCom
    Keymaster

    Summary

    Working gas in storage was 3,247 Bcf as of Friday, November 9, 2018, according to EIA estimates. This represents a net increase of 39 Bcf from the previous week. Stocks were 528 Bcf less than last year at this time and 601 Bcf below the five-year average of 3,848 Bcf. At 3,247 Bcf, total working gas is below the five-year historical range.

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