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Blame It On Texas - Natural Gas Futures Surge After EIA Reports Steep South Central Withdrawal

The Energy Information Administration (EIA) stunned the natural gas market with a much smaller-than-expected 18 Bcf net injection into storage inventories ....

United States , Corey Lefkof , September Nymex , Energy Information Administration ,

Natural Gas Price Action Muted After EIA Reports Second Largest Storage Withdrawal on Record


Natural Gas Price Action Muted After EIA Reports Second Largest Storage Withdrawal on Record
The Energy Information Administration (EIA) reported a monstrous 338 Bcf withdrawal from natural gas storage for the historically cold week ending Feb. 19, falling short of the all-time high but easily taking the second spot.
April natural gas futures prices briefly bounced on the EIA figure, but anyone who blinked may have missed it. The prompt Nymex contract was trading relatively flat day/day at around $2.805/MMBtu in the minutes leading up to the report. As the data crossed trading desks, the April contract jumped to $2.819, but by 11 a.m. ET it was at $2.788, down seven-tenths of a cent from Wednesday’s close. ....

United States , Stephen Schork , Corey Lefkof , James Bevan , Greg Abbott , Criterion Research , Energy Information Administration , South Central , ஒன்றுபட்டது மாநிலங்களில் , ஜேம்ஸ் பெவன் , கிரெக் அப்போட் , அளவுகோல் ஆராய்ச்சி , தெற்கு மைய ,