Into The Vortex – EIA Natural Gas Storage Outlook

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  • #20263
    TradersCom
    Keymaster

    The EIA reported a draw of -47 Bcf…

    [article]1432[/article]

    #20266
    Truman
    Participant

    The inverse COT still telling on Nat GAs – thanks as always for the oil and gas previews – much appreciated

    #20303
    TradersCom
    Keymaster

    Summary

    Working gas in storage was 1,107 Bcf as of Friday, March 22, 2019, according to EIA estimates. This represents a net decrease of 36 Bcf from the previous week. Stocks were 285 Bcf less than last year at this time and 551 Bcf below the five-year average of 1,658 Bcf. At 1,107 Bcf, total working gas is within the five-year historical range.

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