Hub March News Today

US natural gas inventories for the week ended Feb. 18 fell in line with market expectations, which was below the five-year average decline for the first time this year. Storage fields withdrew 129 Bcf, according to data released by the US Energy Information Administration on Feb. 24. Working gas inventories decreased to 1.782 Tcf. The ...

After a string of weekly bullish draws from US natural gas storage inventories this year, analysts expect a pull roughly less than half of last year’s withdrawal for the week ended Feb. 18. Henry Hub futures, meanwhile, are strengthening as the summer strip inches above $4.50/MMBtu. The US Energy Information Administration is expected to report ...

US natural gas storage volumes fell by more than 200 Bcf for the fourth week, but milder weather could slow withdrawals in the weeks ahead as the Henry Hub summer strip remains above $4/MMBtu. Storage fields withdrew 222 Bcf for the week ended Feb. 4, according to US Energy Information Administration data released Feb. 10. ...

US natural gas inventories likely posted the largest weekly withdrawal since last February’s winter storm as the Henry Hub prompt-month contract approaches $5/MMBtu ahead of another cold front featuring freeze-off potential. The US Energy Information Administration is expected to report a 274 Bcf withdrawal for the week-ended Jan. 28, according to a survey of analysts ...

Survey calls for second-ever US natural gas storage draw above 300 Bcf US natural gas stocks posted a massive draw last week, likely well north of 300 Bcf, as the end-of-season storage outlook has changed dramatically in only two weeks. The US Energy Information Administration is expected to report a 333 Bcf withdrawal for the week-ended Feb. 19, according to a survey of analysts by S&P Global Platts. It would register as the second-largest storage draw on record, and only the second weekly pul...

The natural gas storage report from the EIA for the week ending February 5th indicated that the amount of natural gas held in underground storage in the US fell by 171 billion cubic feet to 2,518 billion cubic feet by the end of the week, which left our gas supplies 9 billion cubic feet, or 0.4% below the 2,527 billion cubic feet that were in storage on February 5th of last year, and 152 billion cubic feet, or 6.4% above the five-year average of 2,366 billion cubic feet of natural gas that have...

U.S. stocks were mixed after the close on Friday, as gains in the Oil & Gas, Industrials and Healthcare sectors led shares higher while losses in the Utilities, Telecoms and Consumer Goods sectors led shares lower. Please share this article - Go to very top of page, right hand side for social media buttons. The best performers of the session on the Dow Jones Industrial Average were JPMorgan Chase & Co (NYSE:JPM), which rose 1.24% or 1.73 points to trade at 141.00 at the close. Meanwhile, Intel ...

Last week’s draw from US working natural gas in storage proved strong enough to reduce the year-on-year surplus to a deficit while the possibility for the largest weekly draw ever is on the horizon. Storage inventories declined 171 Bcf to 2.518 Tcf for the week-ended Feb. 5, the US Energy Information Administration reported Feb. 11. ...

The natural gas storage report from the EIA for the week ending January 29th indicated that the amount of natural gas held in underground storage in the US fell by 192 billion cubic feet to 2,689 billion cubic feet by the end of the week, which left our gas supplies 41 billion cubic feet, or 1.5% higher than the 2,648 billion cubic feet that were in storage on January 29th of last year, and 198 billion cubic feet, or 7.9% above the five-year average of 2,491 billion cubic feet of natural gas th...

US natural gas in storage falls less than expected but massive draw looms US working natural gas stocks dipped less than the market expected last week, leading to a dip in the Henry Hub prompt month, but a cold spell seizing most of the nation could lead to the largest draw of the heating season thus far for the week in progress. Storage inventories decreased by 128 Bcf to 2.881 Tcf for the week-ended Jan. 22 the US Energy Information Administration reported Jan. 28. It was a sharp departure fr...