EIA Natural Gas Inventories Outlook

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  • #19143
    TradersCom
    Keymaster

    The EIA reported a draw of -59 Bcf…

    [article]1233[/article]

    #19166
    ThePitBoss
    Participant

    After weekend gap down JAN 19 Natural gas settles DOWN -.281 $4.339 on vol 177,868 prev o/I 252,826

    #19206
    TradersCom
    Keymaster

    Summary

    Working gas in storage was 2,991 Bcf as of Friday, November 30, 2018, according to EIA estimates. This represents a net decrease of 63 Bcf from the previous week. Stocks were 704 Bcf less than last year at this time and 725 Bcf below the five-year average of 3,716 Bcf. At 2,991 Bcf, total working gas is below the five-year historical range.

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