Into the Vortex – EIA Natural Gas Storage Outlook

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  • #19942
    TradersCom
    Keymaster

    The EIA reported a draw of – 177…

    [article]1388[/article]

    #19987
    TradersCom
    Keymaster

    Summary

    Working gas in storage was 1,539 Bcf as of Friday, February 22, 2019, according to EIA estimates. This represents a net decrease of 166 Bcf from the previous week. Stocks were 154 Bcf less than last year at this time and 424 Bcf below the five-year average of 1,963 Bcf. At 1,539 Bcf, total working gas is within the five-year historical range.

    #20006
    KnovaWave
    Participant

    Natural Gas Futures Continue There Reversal Higher After Yesterday’s EIA Miss

    From Pivot to R2 to R1 Math at work

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