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BREAKING: NATGAS ticks lower after EIA data

3:31 PM 25 April 2024

US Energy Information Administration (EIA) issued an official weekly report on US natural gas inventories today at 3:30 pm BST. Report was expected to show an 87 billion cubic feet build in inventories, following a 50 billion cubic feet build.

Actual report showed a bigger-than-expected build of 92 billion cubic feet. Change in inventories was more or less in-line with seasonality. US natural gas prices (NATGAS) moved lower following the release, but the scale of the move was small.

Source: xStation5

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