EIA Natural Gas Inventories Outlook

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  • #19072
    TradersCom
    Keymaster

    The EIA reported a draw of -134 Bcf…

    [article]1218[/article]

    #19110
    KnovaWave
    Participant

    Natural Gas Futures Continue to Oscillate on Expiration with quick 10cent bounce as #WX models run #natgas #ONGT Pivot and MM Grid via @knovawave

    #19118
    TradersCom
    Keymaster

    Summary

    Working gas in storage was 3,054 Bcf as of Friday, November 23, 2018, according to EIA estimates. This represents a net decrease of 59 Bcf from the previous week. Stocks were 644 Bcf less than last year at this time and 720 Bcf below the five-year average of 3,774 Bcf. At 3,054 Bcf, total working gas is below the five-year historical range.

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