The Energy Information Administration (EIA) on Thursday reported a below-consensus natural gas storage build for the week ended June 22, but prompt month futures pulled back a few cents as the market reacted to a revision that increased the prior week’s reported net build by 4 Bcf.
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EIA Delivers More Bearish Storage Data; Heat Keeps Prompt Month Somewhat Supported
The Energy Information Administration (EIA) on Thursday reported a 91 Bcf build into storage inventories for the week ending June 15, once again well above market consensus of an 85 Bcf build.
Natural Gas, Oil Output from Big Seven U.S. Onshore Plays to Climb Again in July, EIA Says
The long-standing growth trend in the U.S. onshore will continue into July, with cumulative natural gas and oil production from the country’s seven most prolific unconventional plays expected to exceed June’s totals, according to the Energy Information Administration (EIA).
EIA Storage Build Matches Surveys; Natural Gas Futures Gain Ground
The Energy Information Administration (EIA) on Thursday reported a natural gas storage injection that confirmed consensus estimates for a larger-than-average build shy of the triple-digit mark, and futures gained a few cents on the news.
Appalachia to See 6 Bcf/d More Natural Gas Pipe Capacity in 2018, Says EIA
If all the natural gas pipeline projects now under construction to serve producers in the Marcellus and Utica shales start up as scheduled this year, more than 23 Bcf/d of Northeast takeaway capacity would be online, according to the Energy Information Administration (EIA).
EIA Storage Data Confirms Consensus, Barely Nudges Natural Gas Futures
The Energy Information Administration (EIA) on Thursday reported a triple-digit weekly natural gas storage injection that fell right in line with expectations, leaving the bears and bulls to continue tussling over a range-bound market.
Gas, Oil Production Trend Ever Upward in Big Seven Plays, EIA Says
Natural Gas and oil production out of the United States’ seven most prolific onshore unconventional plays will be higher in June than in May, according to the U.S. Energy Information Administration (EIA), continuing a trend dating back 18 months.
June Natural Gas Gets a Jolt as EIA Storage Build Leaner Than Expected
The Energy Information Administration (EIA) on Thursday reported a weekly natural gas storage injection that came in on the low side of expectations, and futures picked up some bullish momentum on the news.
Season’s First EIA Injection a Bearish Surprise; Natural Gas Futures Slide
The Energy Information Administration (EIA) ushered in the start of injection season Thursday with a reported natural gas storage build that was larger than expected, sending futures lower.
Another Bullish Miss For EIA Natural Gas Storage; May, June Futures Gain
Natural gas futures got a bump Thursday after the Energy Information Administration (EIA) reported a rare April storage withdrawal that came in tighter than expected.