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Natural Gas Futures Market Snoozes After Ho-Hum EIA Report

Natural Gas Futures Market Snoozes After Ho-Hum EIA Report

The natural gas market appeared to get an early dose of tryptophan Wednesday, courtesy of a rather unsurprising storage report from the Energy Information Administration (EIA).

November 27, 2019

Production From Key U.S. Unconventional Plays to Increase Less Than 1% in December, Says EIA

Production of both oil and natural gas out of the most prolific U.S. onshore unconventional plays will increase slightly in December compared with this month, continuing a longstanding upward trend, according to the Energy Information Administration (EIA).

November 18, 2019
EIA’s Reported Injection Sharply Undercuts Consensus; Natural Gas Futures Rally

EIA’s Reported Injection Sharply Undercuts Consensus; Natural Gas Futures Rally

The Energy Information Administration (EIA) on Thursday reported a surprisingly lean 34 Bcf weekly injection into U.S. natural gas stocks, lending renewed vigor to a futures market that had shown signs of faltering.

November 7, 2019
Big Seven Unconventional Plays to Produce More than 84 Bcf/d Next Month, Says EIA

Big Seven Unconventional Plays to Produce More than 84 Bcf/d Next Month, Says EIA

Natural gas and oil production out of the United States’ seven most prolific onshore unconventional plays will increase yet again in November, reaching 84.01 Bcf/d of gas and 8.97 million b/d of oil, according to the U.S. Energy Information Administration (EIA).

October 15, 2019
Hurricane Barry Impact Aside, U.S. Crude Oil Production Increasing, Says EIA

Hurricane Barry Impact Aside, U.S. Crude Oil Production Increasing, Says EIA

Hurricane Barry took a 276,000 b/d bite out of U.S. crude oil production in July, the largest decline in monthly production in more than a decade, but that decline was temporary and geographically isolated to the Federal Offshore Gulf of Mexico (GOM), according to the Energy Information Administration, which expects production to increase through the end of the year.

October 9, 2019
Domestic Oil Exports in June Set Record Monthly Average

Domestic Oil Exports in June Set Record Monthly Average

U.S. oil exports averaged 2.9 million b/d through June, an increase of 966,000 b/d from the first half of 2018, and they set a record high monthly average in June at 3.2 million b/d, according to the U.S. Energy Information Administration (EIA).

October 3, 2019
EIA’s Triple-Digit Storage Surprise Pulls Rug Out From Natural Gas Futures

EIA’s Triple-Digit Storage Surprise Pulls Rug Out From Natural Gas Futures

The Energy Information Administration (EIA) on Thursday reported a whopping 102 Bcf weekly injection into U.S. natural gas stocks, a figure that topped even the highest estimates among market observers, sending futures prices sharply lower.

September 26, 2019
Bearish Miss from EIA at 84 Bcf; Natural Gas Futures Tumble

Bearish Miss from EIA at 84 Bcf; Natural Gas Futures Tumble

The Energy Information Administration (EIA) on Thursday reported an 84 Bcf weekly injection into U.S. natural gas stocks, bearish versus expectations, and futures prices gave up close to a nickel on the news.

September 19, 2019
EIA Report Below Consensus; Natural Gas Futures See Small Bump

EIA Report Below Consensus; Natural Gas Futures See Small Bump

The Energy Information Administration (EIA) on Thursday reported a leaner-than-expected 78 Bcf build into U.S. natural gas stocks, injecting a little upward movement into a futures market that had sold off in recent sessions.

September 12, 2019
EIA Injection Misses High at 84 Bcf, Sends Natural Gas Futures Lower

EIA Injection Misses High at 84 Bcf, Sends Natural Gas Futures Lower

The Energy Information Administration (EIA) on Thursday reported a larger-than-expected 84 Bcf weekly injection into U.S. natural gas stocks, and futures prices promptly sold off several cents on the news.

September 5, 2019