Commodity prices are a function of demand and supply. If demand increases while supply remains constant, the price increases because more customers are chasing each unit of the commodity. In contrast, ...
Working gas in storage decreased by 140 Bcf from the previous week. Inventory draw exceeded analyst expectations, which may provide some support to natural gas prices. Weather forecasts’ dynamics will ...
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The freezing temperatures in most of the Eastern U.S. in the week to January 5 led to the biggest ever weekly withdrawal from natural gas storage, data by the U.S. Energy Information Administration ...
1512 EST—Natural-gas futures extend gains after the EIA reports an above-estimate draw on inventories for last week. The EIA said natural gas in underground storage fell by 87 billion cubic feet in ...
1454 ET – Natural gas futures give back some of the previous day’s heavy gains with the March contract settling down 2.3% at $1.737/mmBtu, above the day’s low of $1.661/mmBtu. The EIA reports a 60-Bcf ...
Working gas in storage decreased by 9 Bcf from the previous week. Stocks remain well above the five-year average for this time of the year. Natural gas prices are trying to rebound after a multi-day ...
On March 14, 2024, EIA released its Weekly Natural Gas Storage Report. The report indicated that working gas in storage declined by 9 Bcf from the previous week, compared to analyst consensus of -3 ...
On March 14, 2024, EIA released its Weekly Natural Gas Storage Report. The report indicated that working gas in storage declined by 9 Bcf from the previous week, compared to analyst consensus of -3 ...
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