eia storage report

The U.S. Energy Information Administration (EIA) reported a net 46 Bcf injection into storage inventories for the week ending Aug. 13, eclipsing estimates ahead of the weekly report. The latest government storage data included a reclassification from base gas that resulted in a 4 Bcf increase to working gas in the South Central’s nonsalt facilities.…

Natural gas futures were down sharply in early trading Thursday, with analysts attributing the move lower to broader economic factors, even as projected weather-driven demand increased overnight. The September Nymex contract was down 7.3 cents to $3.779/MMBtu at around 8:50 a.m. ET. EBW Analytics Group analysts said after hours selling for natural gas occurred “when…

Natural gas futures continued to slide in early trading Friday as the market mulled evidence of a looser supply/demand balance in the latest government inventory data. Coming off a 12.6-cent sell-off in the previous session, the September Nymex contract was down another 3.9 cents to $3.894/MMBtu at around 8:50 a.m. ET. The Energy Information Administration…

With the market expecting a much larger injection week/week from the latest round of government inventory data Thursday, natural gas futures skidded lower in early trading. The September Nymex contract was down 3.7 cents to $4.022/MMBtu at around 8:50 a.m. ET. Estimates leading up to today’s Energy Information Administration (EIA) storage report, scheduled for 10:30…

Natural gas futures were slightly lower Friday morning as weather models started to disagree on the pattern for the latter third of the month. With the latest storage data was also still fresh on the minds of traders, the September Nymex gas futures contract was down 1.8 cents day/day at $4.122 at 8:45 a.m. ET.…

The latest round of government storage data was about as bullish as it could be, but sellers came into the fold once weather models showed the upcoming heat being a little less intense. The September Nymex gas futures contract settled Thursday at $4.140, off 1.8 cents day/day. October slipped 1.5 cents to $4.148. Spot gas…

Natural gas futures overcame an early slide after the U.S. Energy Information Administration (EIA) reported a modest 13 Bcf injection into storage inventories for the week ending July 30. After hitting a $4.116/MMBtu low, the September Nymex gas futures contract bounced back to $4.199 as the storage figure crossed trading desks. However, traders failed to…

After a steep 13-cent rally during the prior trading session, natural gas futures pedaled back a bit early Thursday as major weather models showed slightly less heat in mid-August. The September Nymex gas futures contract was trading two-tenths of a cent lower at $4.156 at 8:45 a.m. ET. Despite the loss of 2-3 cooling degree…

For the third day in a row, natural gas futures were higher early Wednesday as the recent cool weather was set to fade by the week, ushering in what is expected to be the hottest weather of the summer to date. The September Nymex gas futures contract was trading around $4.110/MMBtu at 8:45 a.m. ET,…