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15:33 · 13 February 2025

BREAKING: NATGAS prices are up following a larger-than-expected drawdown in EIA inventories

NATGAS
Commodities
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- Change in US gas inventories according to EIA: Actual: -100 billion cubic feet. Expected -92 billion cubic feet (bcf) vs -174 bcf previously

NATGAS prices are rising after a larger-than-expected drop in US inventories. Recall that in recent days we have seen increased demand for natural gas power generation, in the face of cooling temperatures on the East Coast. 

 

Source: xStation

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