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US natural gas in storage dropped by less than expected in what might be the final draw of the heating season, yet Henry Hub futures continue to build on recent gains as the summer and winter strips sail higher above $5/MMBtu. Storage fields withdrew 51 Bcf for the week ended March 18, according to data ...
The US natural gas storage withdrawal season looks to end earlier than usual as a forecast shows the week in progress likely features the final net draw of the heating season. The US Energy Information Administration is expected to report a 70 Bcf withdrawal for the week-ended March 11, according to a survey of analysts ...
Analysts expect another sizable draw from US natural gas stocks as the summer injection season appears poised to begin approximately 300 Bcf below the five-year average. The US Energy Information Administration is expected to report a 120 Bcf withdrawal for the week-ended March 4, according to a survey of analysts by S&P Global Commodity Insights. ...
The latest weekly draw from US natural gas storage inventories once again outpaced the average rate as only one below-average pull has been seen year to date, widening the deficit as the withdrawal season enters its final month. Storage fields withdrew 139 Bcf for the week ended Feb. 25, according to data released by the ...
Waning US demand likely prompted a below-average draw from storage last week as the withdrawal season winds down rapidly following February’s brutal winter storm as Henry Hub futures continue to decline. When compared with the week prior, when a 98 Bcf withdrawal was reported, warming temperatures and soft demand interacted with recovering production to loosen ...