Into The Vortex – EIA Reports Draw of 55 Bcf in Natural Gas Storage

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  • 23 Dec '21 at 9:30 am #31553
    TradersCom
    Keymaster

    Heading into Christmas and cold temperatures around us gas withdrawal season is in swing. While in Europe natural gas futures are back to near all-tim
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    23 Dec '21 at 10:00 am #31554
    TradersCom
    Keymaster

    Summary
    Working gas in storage was 3,362 Bcf as of Friday, December 17, 2021, according to EIA estimates. This represents a net decrease of 55 Bcf from the previous week. Stocks were 234 Bcf less than last year at this time and 34 Bcf above the five-year average of 3,328 Bcf. At 3,362 Bcf, total working gas is within the five-year historical range.

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