4:33 PM · 29 February 2024

BREAKING: Natgas gains after EIA data 🔔

EIA Natural Gas Change BCF Actual -96B (Forecast -86B, Previous -60B)

The Energy Information Administration (EIA) estimated that working gas in storage was 2,374 billion cubic feet (Bcf), showing a net decrease of 96 Bcf from the previous week. Compared to the same period last year, current stocks are 248 Bcf higher and stand 498 Bcf above the five-year average of 1,876 Bcf. Currently, the total working gas amount of 2,374 Bcf is above the five-year historical range.

Source: xStation 5

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