Natural Gas Price Steady on Small Inventory Draw
The U.S. Energy Information Administration reported this morning that last week's withdrawal from U.S. natural gas storage was 36 billion cubic feet. That's less than analysts expected.
The U.S. Energy Information Administration reported this morning that last week's withdrawal from U.S. natural gas storage was 36 billion cubic feet. That's less than analysts expected.
The U.S. natural gas storage withdrawal last week was in line with expectations, keeping the price of the commodity for April delivery within a penny of Wednesday's closing price.
Last week's natural gas storage withdrawal topped 200 billion cubic feet, right around an analysts' estimate. U.S. natural gas stockpiles are now nearly a third lower than their five-year average.
The U.S. natural gas inventory dropped by 149 billion cubic feet last week, closed to the analysts' consensus expectations. Colder weather ahead may sharpen demand in the coming week.
The U.S. natural gas inventory dropped as expected last week. The effect on prices was modest, dropping somewhat before recovering most of that dip.
The U.S. natural gas inventory withdrawal was slightly larger than expected, but prices moved only slightly.
U.S. demand for natural gas last week was lower than analysts had expected and that, along with a mild forecast heading into next week, is keeping a lid on the price of…
Withdrawals from the U.S. natural gas supply totaled 237 billion cubic feet last week. While the largest withdrawal so far this heating season, it still fell below the estimated withdrawal.
The U.S. natural gas inventory has risen above last year's total for the same date. Milder weather this winter has helped, but another cold blast is expected for the northeast and mid-Atlantic…
U.S. natural gas inventories fell by 91 billion cubic feet last week, a far cry from last year's drawdown of more than 300 million cubic feet. Inventory levels are now significantly closer…
U.S. natural gas inventories dropped by much less than expected last week and prices that have moved lower over the past two weeks lost a bit of their early-morning gains.
Natural gas prices have dropped below $4 per million BTUs over the past week but built a small gain Thursday following the weekly storage report from the U.S. Energy Information Administration.
U.S. natural gas in storage dropped by 77 billion cubic feet last week, close to the low end of the expected range. Prices have been dropping, and are down about 20 cents…
The U.S. natural gas stockpile declined by more than 60 billion cubic feet last week, about in the middle of analysts' forecast range. Prices continued their upward climb on expectations of colder…
The U.S. natural gas stockpile drawdown last week was smaller than expected and that has added more weight on already-falling futures prices. Gas for January delivery is trading about 20 cents below…